Friends   Down 600 points one day. Up 400 points the next day. You might wonder what is the difference between yesterday and today in terms of market moves. Well, nothing really. This is how corrections/disruptions/even bear markets play out. Declines are quick and...

Friends   Checking in again from the road. As we mentioned, we're likely not done with the volatility, and the ever increasing tensions on the political landscape aren't helping.   For the day, the Dow Jones Industrial Average was down 608 points to finish the day at...

Friends  Checking in from the road. Stocks had a very volatile trading session today. After being down more than 550 Dow points, stocks rallied back throughout the afternoon to post more modest losses.   Earnings have been ok, but as we worried, companies are speaking...

Friends  Before I get into today's remarkable rally, I first want you to know that I will be out of the office for the next week and a half. My wife and I are off to celebrate my 60th birthday next week (we tried this 10 years ago for the big 50 and I had to bail...

Friends Stocks made several attempts to add to Friday's modest recovery, but in the last half hour the bears got the upper hand. The Dow had been up more than 100 points early in the afternoon before wilting, but you could feel the sense of caution among market...

Friends  The volatility continues as an early morning 400 Dow point rally was quickly erased by midday. But, as the afternoon wore on, those who "needed" to sell apparently were able to do so during the morning rally, as stocks climbed higher in the last hour of...

Friends  It was another crazy day of trading, similar to what we saw in February and other recent pullbacks. Stocks dropped 500 Dow points, rallied back to positive territory, then tumbled 700 points, rallied back about 500 points to set up a final swoosh down into...

Friends Stocks suffered quite a selloff today. Worries about interest rates and the perceived hawkishness of the Fed were top of the list, but also there are concerns that we have seen a peak in earnings and companies will be warning about higher input costs over the...

Friends  Another volatile day for stocks as the market averages advanced and retreated numerous times throughout the trading session. Worries over rising interest rates and political headlines sent stocks into negative territory several times during the trading...

Friends  After last week's volatility it was going to be interesting to see how stocks got out of the starting gate this week. Well, it was another volatile day of trading. After a soft open, stocks rallied into positive territory mid-morning. But by lunchtime stocks...

Friends Let's start with the jobs report. 134,000 new jobs were created in September, and that was less than the 180,000 expected. But, the revisions upward for July and especially August were significant and thus gave the September number a little cover (as did the...

Friends  While the economy keeps displaying signs of strength, interest rates continue to rise - so much so that it finally got the attention of the stock market. At its worst today, the Dow was down more than 350 points, but as the afternoon wore on, stocks were able...

Friends  Once again, we saw the same pattern of trading every day this week. Early morning rallies continue to fade as the trading session wears on. Again, we had a tasty triple digit gain in the Dow this morning fueled by a much better than expected ADP Private...

Friends  It was a mixed day for stocks that ended up following a similar pattern as yesterday's trading. Stocks enjoyed an early surge led by the Dow only to have a lot of steam come out of the proceedings as the trading session wore on. The Dow did register new...