Stocks Rally As Geopolitical Calms

Stocks Rally As Geopolitical Calms

Friends  We had a somewhat calm weekend on the geopolitical front, though not so on the domestic front. Regardless, stocks rallied right from the start of trading today and were able to hold those gains throughout the trading session. Turmoil seems to be becoming the...

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Stock Market Hung In There

Stock Market Hung In There

Friends  After yesterday's selloff, we were more than curious to see how things would unfold today. On the whole, it was a quiet day of trading with a slight bias to the upside. There was no piling on by the bears after yesterday's decline, which was a little...

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Geopolitical Tensions Crack Markets

Geopolitical Tensions Crack Markets

Friends You know the old saying. It doesn't matter until it does. Markets seemed to be handling the Korean nuclear war threat rather well until today. President Trump's tough talk added to the stress level this afternoon, and the market averages added to losses that...

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Stocks Rally As Geopolitical Calms

The Down Day That Wasn’t

Friends Early on it appeared that stocks might succumb to all the geopolitical sabre rattling with regards to North Korea, but by the end of the trading day, the S&P once again showed very little change. The Dow's decline was mainly accounted for by the drop in...

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Stocks Succumb To “Fire and Fury”

Stocks Succumb To “Fire and Fury”

Friends Stocks were minding their own business, happily drifting along in positive territory when the North Korea rhetoric heated up. Stocks slipped a bit when the President gave a warning during the last hour of trading (fire and fury), but the damage wasn't serious....

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Stocks Gently Higher

Stocks Gently Higher

Friends Well, more of the same. Stocks were very quiet today, but with a slightly positive temperament. As we have seen for weeks now, the S&P 500 barely moves, the Dow inches to new highs every day and the Nasdaq goes up one day and down the next. Global events,...

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Geopolitical Tensions Crack Markets

Good Jobs Data

Friends The jobs number was better than expected with a hefty 209,000 new jobs created in July. The unemployment rate sits at 4.3%, while average hourly earnings ticked up .3% to a year over year gain of 2.5%. Remember, the Fed will be watching that average hourly...

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Stock Market Hung In There

Another Quiet Session

Friends It was another quiet day for stocks and the results were somewhat mixed with a slightly negative bias. Tesla has good earnings but its strong showing still wasn't enough to push the Nasdaq into positive territory. Consumer staples led by Clorox had a good day,...

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Stocks Rally As Geopolitical Calms

A Mixed Bag

Friends It was a strange day for stocks. Apple had great earnings after the close yesterday, so we knew going into trading this morning that its shares were going higher, and because it is one of the 30 stocks in the Dow, that the Dow was likely to be higher at the...

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Stocks Succumb To “Fire and Fury”

Good Start To August

Friends It wasn't anything too fancy, but the stock market began August about how it ended July. Stocks continue to move higher in a quiet and deliberate way. Though many feel stocks are overvalued, good earnings and a decent economy continue to be the fuel to push to...

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Stocks Gently Higher

Stock Finish Strong July Mixed

Friends Stocks were incredibly calm today, despite this afternoon's political intrigue as General Kelly evidently didn't want anything to do with the "Mooch". Yes, despite the dismissal of the pending communications director the markets finished the month on a...

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Geopolitical Tensions Crack Markets

Mixed Earnings/Mixed Results

Friends Earnings season stubbed its toe just a little bit today, as releases from Amazon, ExxonMobil and Starbucks all disappointed market participants. Stocks in general traded with a negative bias for most of the session, but as has been the case lately, not with...

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Stock Market Hung In There

Stocks A Bit Jumpy Amongst Earnings Onslaught

Friends Earnings were good. Economic data was good. Stocks rallied on the open. Then all of a sudden, mid-day, market participants decided to take some profits on the momentum darlings; and stocks, led by Nasdaq, dipped into negative territory. The Dow was able to...

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Stocks Rally As Geopolitical Calms

Boeing Boosts The Dow

Friends It was another busy day of earnings releases and old stalwarts ATT and Coca-Cola pleasantly surprised, but the big winner of the day was Boeing, up nearly 10% for the day and single handedly accounted for the entire gain in the Dow. Other than Boeing, stocks...

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