Friends Well, we had another crazy day in trading, and that's not even including Bitcoin. As the banks and retailers, not named Amazon, saw their shares advance nicely; NASDAQ, led by the momentum guys (Amazon, Apple, Google, Facebook etc.) tumbled mightily. Some...
Friends Stocks had a wild ride today as positive economic data and hopes of a Senate tax bill sent shares higher in early trading. But word of a North Korean missile test sent stocks southward giving up much of the earlier gains. After remembering that flying...
Friends It appears traders had a tryptophan hangover as we began the new trading week. Stocks had very little direction, and market participants seemed to have very little interest. We now head into the teeth of the holiday season which often is good for stocks, but...
Friends It was a painfully quiet day of trading. Other than reports/rumors that Apple's iPhone X is not selling as well as expected (always take Apple rumors with a grain of salt, they are usually wrong), there was not much of consequence to discuss. Energy shares...
Friends We always like to take this opportunity during the Thanksgiving holiday to thank all of you for entrusting us with your financial future. As you know we take that responsibility very seriously, and we really do strive to provide the best service in the...
Friends Stocks had a nice day with the market averages challenging new all-time highs, led by the big boys -Amazon, Apple, Google and Facebook. After the initial early morning surge, traders seemed to disappear and stocks just floated along a rather flat line. For...
Friends It was a quiet day of trading in what should be a quiet week of trading. Markets are closed Thursday for Thanksgiving Day and then Friday is only a half day of trading. The only reason they open the market for a half day of trading on Friday is an archaic...
Friends Despite retailers enjoying a better week than one might have expected, stocks in general experienced another less than stellar trading session. Stocks were down from the open and basically went sideways the rest of the day. As mentioned, shares of many...
Friends We had a bit of a reversal today as stocks opened to the upside, continued to push higher, then finally ran out of gas in the last hour of trading. Good earnings reports from Walmart and Cisco helped fuel the advance at the open, then the House passing its...
Friends We are seeing some cracks in the stock market. The question is, is this market beginning to roll over, or is this just a pause that refreshes that will lead to a year end Santa Claus rally? For many days now we have seen stocks open on the weak side, fall...
Friends We saw some interesting volatility today as stocks opened down once again, accelerated to the downside before lunch and then spent the rest of the trading session erasing most of the losses. Home Depot had a really good earnings report, but traded down early...
Friends Stocks were quiet today, with the exception of General Electric which after cutting their dividend experienced an awful day of trading. A once mighty giant has really lost its way. But other than the GE news things were calm. What I find so interesting right...
Friends First and foremost on this Veterans Day, we would just like to thank each and every man and woman who have served our great country. They have protected this country's freedom since its birth, and we owe them our gratitude. The markets were quiet for the...
Friends We had a bit of a roller coaster ride for stocks today. Markets were weak at the open, and then news of the Senate proposed tax bill delaying the corporate tax cut until 2019 sent stocks tumbling. The day's lows saw the Dow down more than 250 points, but as we...
Friends Another quiet day for stocks as market participants wait to see what the Senate unveils tomorrow with regards to their tax reform bill. As mentioned, traders are beginning to wonder if an actual bill can get to the President before year end, and just what...
