Stocks Enjoy Earnings Momentum

Stocks Enjoy Earnings Momentum

Friends Despite all the political theater (and it never seems to end), today's market action was a positive response to more good earnings releases. We did have a few disappointments, namely Google, United Technologies and MMM (and their shares were punished by market...

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Stocks Quiet Into Big Earnings Week

Stocks Quiet Into Big Earnings Week

Friends We have a big week of earnings with 180 of the S&P 500 companies reporting this week. Google, one of the big 5 momentum stocks reports after the bell today, and Facebook and Amazon later this week. In addition to all the earnings releases, we have a two...

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Mixed Earnings Day

Mixed Earnings Day

Friends It was a tale of two industrial giants as Honeywell and GE faced off this morning with earnings releases. Honeywell was the clear winner and has been for quite some time now. GE on the other hand has struggled mightily over the past several years. Perhaps if...

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Stocks Quiet Into Big Earnings Week

Natural Response To Earnings Today

Friends Stocks were quiet today except for Home Depot , Lowes, Best Buy and Whirlpool  which were under siege after Amazon (yes, them again) announced a deal with Sears to sell Kenmore appliances online. Other than that, there was little direction and muted...

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Stocks Enjoy Earnings Momentum

Stocks Forge Ahead

Friends The earnings parade continues and stocks reacted positively today. Morgan Stanley led the way with good numbers, but we did have one stinker as IBM held the Dow back with a less than stellar report. Despite Big Blue's drag on the Dow, stocks still forged ahead...

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Stocks Recover To End Mixed

Stocks Recover To End Mixed

Friends Stocks sold off early in the trading session with the Dow down more than 150 points, but did recover to eliminate most of the damage. Goldman Sachs alone accounted for much of the drop in the Dow. Both the aforementioned Goldman and Bank of America had...

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A Big Week Of Earnings

A Big Week Of Earnings

Friends It was a quiet beginning to the trading week, but things should pick up as earnings start to roll out this week starting with Netflix after the close today. Throughout the week we'll see reports from the likes of Johnson & Johnson, Bank of America, Goldman...

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Stocks Rally Despite Lackluster Economic Data

Stocks Rally Despite Lackluster Economic Data

Friends Despite a weak retail sales number and a benign CPI number (remember the Fed wants some inflation), stocks enjoyed a surprisingly good day. It was a broad based advance with a lot of green all over my screen. Ironically, despite good earnings from JP Morgan,...

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Stocks Recover To End Mixed

Quiet Day/Stocks With Modest Gains

Friends Stocks experienced a somewhat quiet day with a slight upward bias. Market participants are gearing up for earnings season with big banks Citi, J P Morgan and Wells Fargo reporting tomorrow. In other news, retailers other than Amazon finally had a good day...

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Stocks Quiet Into Big Earnings Week

2017 3rd Quarter Outlook

“Looking back at the first half of 2017, we see that stocks in general had a good first half of the year. Of course, not all stocks are created equal” Click the link below to read our full comments. 2017 3rd Quarter Outlook    

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Stocks Enjoy Earnings Momentum

A Yellen Rally

Friends Another good day for stocks and Nasdaq in particular. The momentum stocks led the way, but we saw broad participation across the board. Helping the cause was Janet Yellen's more dovish testimony before Congress. Once again, the Fed Chair indicated that the Fed...

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Mixed Earnings Day

Stocks React To Headlines-Then Recover

Friends It was an interesting day of trading in the markets as a very quiet morning turned into a slightly frantic midday move when Donald Trump Jr. tweeted and released emails concerning his meeting with a Russian "attorney" who had supposed political information...

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A Big Week Of Earnings

Naz Continues To Seesaw

Friends  While Putin and Trump huddled in Hamburg, likely discussing Ringo Starr's 77th birthday, stocks continued the seesaw action that we have seen for the past week. Once again, the Nasdaq reversed its previous day's move leading the way to the upside (today up...

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Stocks Enjoy Earnings Momentum

Stocks Continue To Seesaw

Friends  Well, once again the stock market seems to have no memory from day to day. Nasdaq is wildly flailing in different directions on a day to day basis - down big Monday, up big yesterday, and down big again today. The rest of the market already looked weak even...

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