Stocks Broaden Out and Move Higher

Stocks Broaden Out and Move Higher

Friends   Though day to day it has often been a mixed picture, stocks continue to push higher in general. Yes, most of this year’s performance has been provided by the stars of the market, but as of late we are getting more and more participation from the masses. The...

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Stocks Broaden Out and Move Higher

Stocks Mixed As Leadership Changes

Friends Finally, the big tech names are taking a little breather while the rest of the market attempts to participate in what has been a decent rally for stocks. Today, Nasdaq tumbled while the sleepy Dow Jones Industrial Average was up. It’s probably a good thing...

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Stocks Broaden Out and Move Higher

Stocks Quiet But Firm

Friends It was a somewhat quiet day of trading but a good sign for the bulls is that participation seems to be broadening out. So far this year, the market averages have been carried by a few big-name tech stocks, but we are seeing other areas begin to participate- at...

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Stocks Broaden Out and Move Higher

Stocks Soar on Jobs Report

Friends   Expect the unexpected, indeed. Today’s non-farm payroll number was much hotter than expected with 339,000 new jobs created in May which was much more than the 190,000 that analysts expected. The unemployment rate did tick up a tad to 3.7% and average hourly...

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Stocks Broaden Out and Move Higher

Stocks Up As New Month Begins

Friends   Softening economic data appears to be giving the bulls reason to believe that the Fed will pause or perhaps even fully stop its inflation fighting monetary policies this summer. The chances of a rate hike in June appear to be lessening and investors are...

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