Stocks Retreat After 3 Day Run

Stocks Retreat After 3 Day Run

Friends   It was a mixed day of trading with the Nasdaq coming under some selling pressure (down 1.71%) while the Dow was able to hold serve. On the economic front we got a weekly jobless claims number that was the best we have seen in over 50 years. But mainly...

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Stocks Retreat After 3 Day Run

Stocks Add to Yesterday’s Gains

Friends   Stocks rocketed higher today adding to yesterday's nice gains. Today, Nasdaq was the big winner tacking on a whopping gain of 3%. Things did cool off a bit into the early afternoon only to close strong in the end. Market participants certainly seem a...

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Stocks Retreat After 3 Day Run

Good Start To The Week For Stocks

Friends   The roller coaster ride in stocks continued as the market averages pushed nicely higher in today’s trading. Perhaps the Omicron variant will pack a less lethal punch. Perhaps the markets have come to grips with a more hawkish Fed. Or maybe today’s...

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Stocks Retreat After 3 Day Run

Stocks Finish A Very Volatile Week

Friends   The volatility continues as the Nasdaq led the way lower in today’s trading session. Today’s jobs numbers were a bit confusing as the non-farm payroll number came in much less than expected, but the unemployment rate fell to 4.2% which was good. The...

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Stocks Retreat After 3 Day Run

Stocks Rebound A Bit

Friends   As expected, market volatility continued today but this time stocks moved higher. Despite additional cases of the Omicron variant surfacing in the U.S., the oversold conditions in stocks attracted the dip buyers. More importantly, the advance was much...

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Stocks Retreat After 3 Day Run

Ugly Reversal

Friends   The first day of December started with a bang but ended with a whimper. By mid-morning the Dow was sporting a tasty 500 point rally. But by lunch time some of that advance had dissipated. Then we got what we knew was coming- a report about the first...

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