Friends  The bears had the upper hand for a short while this morning as stocks fell about 100 Dow points, but the bulls chipped away at the losses and by the close had whittled away most of the damage. Worries that the Chinese will no longer be buying our bonds and...

Friends  The market was open today so that must mean the bulls had fun. Yes, I'm being facetious and also yes, stocks were higher again today. Now, with interest rates edging higher, rate sensitive stocks (utilities, telecom and some staples) didn't join in on the...

Friends  After last week's explosive start to the new year, traders appeared a bit more reserved as a new week of trading begins. With all the jobs data behind us, market participants will now turn their attention to upcoming earnings season. Indeed, after the type of...

Friends  Another day, another set of record closes for the market averages. Despite a jobs number that came in a little light, the animal spirits continue to be heightened. The bears have just about lost their minds at this point, while the bulls just continue to ride...

Friends  While the northeast endures a viscous snowstorm and cold temperatures, stocks continue to be on fire. Once again, another milestone was achieved (today we crossed the Dow 25,000 mark) and with a strengthening economy, corporate earnings juiced by tax reform,...

Friends  Thanks goodness things are quiet on the political front. We wouldn't want this amazing market rally to be interrupted by inflammatory headlines or crazy tweets. So far 2018 seems to be an extension of 2017. Stocks continue to climb higher as many Dow...

Friends  After last Friday's odd, headline driven, last minutes drop in stock prices, the buyers were back in action today. Proclamations of what will work in 2018 were abundant on the business cable news channels, but today's winners looked similar to the winners we...

Friends  Stocks limped to the finish line today, as there simply didn't seem to be anyone left around to do any buying. Trading for 2017 has now come to a close, but it was a good year for stocks. We'll talk more about that and what lies ahead in our 2018 First...

Friends  As expected it was extremely quiet again today, but at least stocks are drifting upward instead of down. With just one more trading day it appears that 2017 is going to go quietly into the night.  As for today, by the close the Dow Jones Industrial Average...

Friends  Nothing happened today. No really, nothing happened today. Go back to your shopping and spending time with family.  For the day, the Dow Jones Industrial Average was up 28 points to finish the day at 24,774. The S&P 500 was up 2 points to close at 2,682....

Friends  As expected, the markets were extremely quiet today. President Trump signed into law the tax bill and headed to Florida for the Christmas weekend. Other than that, there just wasn't much going on.  For the day, the Dow Jones Industrial Average was down 27...

Friends  Stocks started slow this morning, gathered some steam midday, and then seemed to run out of gas in the afternoon portion of the trading session. As analyst turn their attention to making predictions/guesses for what the market will do in 2018, 2017 looks to...

Friends  The Republicans all gathered at the White House to celebrate the passing of the tax reform bill with a very pleased Donald J Trump. The market greeted the celebration with a major yawn. Stocks drifted aimlessly during the entire trading session, finally...

Friends  The house did pass the tax bill this afternoon and now it heads to the senate for the vote. After a quick up opening, stocks spent the day modestly in negative territory. With the bullish action recently a little pause is surely not a surprise. You might see...