Friends  It was a difficult day for stocks, as even companies with good earnings reports like Boeing saw selling pressure. The uptick in interest rates seems to be spooking the markets, as at least one well known bond guru is predicting that the end of the decades...

Friends  At first glance, and business news headlines might lead you to believe, it was a really good day for stocks. Well, it was a really good day for a few stocks that inhabit the Dow Jones Industrial Average (30 stocks), namely 3M, Caterpillar and McDonalds- all...

Friends  Traders seemed a little tentative during today's trading session as we enter the most active week of the earnings season. We mentioned last week all the different companies that report this week, so we'll get a good cross section of results from different...

Friends  If a stock you own stumbles a bit after the company's earnings release, don't worry- a day or two later, or perhaps even that same day (see General Electric) the stock price will come right back up. Of course, I'm being facetious but it appears that nothing...

Friends  It was quite a day for stocks. After a triple digit decline for the Dow, led by a downturn in Apple shares due to rumored weakness of sales for the iPhone 8 and concerns of China's overvaluation, stocks spent the rest of the session climbing out of negative...

Friends  Led by the massive advance of the shares of Dow component IBM, the industrials smashed through the 23,000 level with ease. The rest of the market's move was somewhat muted, but nevertheless we continue to climb higher. It's only a small sample size, but...

Friends  Stocks took a peek above the 23,000 mark on the Dow, retreated a bit, then made a final push but came up just a hair short. It was a juicy day for earnings, starting with Netflix yesterday after the close then stellar reports from J&J, Morgan Stanley and...

Friends  As the media reminds us, this week is the 30th anniversary of the 1987 stock market crash. Of course it was on Monday October 19, 1987, which came to be known as Black Monday. I've often told you of my remembrances of that day as I was then in my 3rd year at...

Friends  Stocks were a bit soft today as earnings season kicked off with a couple of large banks reporting. Both JP Morgan Chase and Citigroup had fine earnings reports, but the shares of both banks ended down for the trading session. This is what I have been...

Friends  It was a little sloppy, but when all was said and done it was a pretty good day for stocks. Retailers in general had a good showing led by Walmart and their enormous stock buyback announcement. The pattern has been when retailers go up then Amazon goes down...

Friends  Stocks showed a little sign of nerves during today's trading session as we look to enter the latest earnings season. Indeed, shares are somewhat priced for perfection, so any disappointments will likely be greeted by a hostile reaction. With the bond market...

Friends Stocks took a breather today on the heels of the distorted non-farm payroll number. Because of the effect from the storms the economy lost 33,000 jobs in September, many in the service sector including restaurant workers. The unemployment rate did actually...

Friends  Stocks drifted aimlessly, but mostly in positive territory as the bulls may have been simply taking a bit of a breather. We did get an extremely hot ISM non-manufacturing number, but the ADP private payroll came in a little shy of expectations. Nevertheless,...

Friends  The bulls won't even let the bears catch their breath. Another day of trading and another day of new highs. All this is happening in a very calm and deliberate manner, almost numbing market participants for the time being. Of course, all this while the...