Friends The bulls got back involved today, as stocks rallied for the first time this week. Once again, other than iPhones, Apple Watches and Apple payments, there hasn’t been much to get the juices flowing this week for traders. Somewhat directionless trading seems to...

Friends While Apple was grabbing all the attention by rolling out new iPhones and watches today, stocks were busy selling off across the board. The mood has been sour so far this week as the bulls seem to have run out of reasons to buy. For the day, the Dow Jones...

Friends, Stocks meandered in negative territory for most of Monday’s trading session, with no real catalyst for traders to act on. After all of last week’s economic data, this week will be much less interesting with Thursday’s weekly jobless claims and Friday’s retail...

Friends Ok, so today’s jobs number was a bit of a disappointment. The “experts” were expecting a gain of about 230,000 new jobs for August, but unfortunately only 142,000 new jobs were created. Now, it’s not the end of the world, and the “silver lining” crowd can...

Friends Stocks rallied early as markets reacted to Mr. Draghi and the ECB cutting rates and announcing the beginning of purchases of asset backed securities (not officially QE say the “experts” but…). Unfortunately for the bulls, stocks gave up all of their gains and...

Friends Word of a truce between Russia and Ukraine had the bulls feeling a bit frisky at the opening, but the feeling didn’t last for long. Despite more positive economic data (strong Factory Orders, etc.), stocks gave up their early gains and drifted aimlessly as the...

Friends The bears came back from the Labor Day weekend ready to go. The bulls, not so much. After a very nice gain for stocks in the month of August, share prices were weak from the beginning of trading this morning, but did recover some as the afternoon wore on. By...

Friends It was no surprise that today was a very quiet trading day. With the Labor Day holiday upon us, the traders that were paying attention today, seemed to have very little interest in taking a stand before the three day weekend. The biggest news story of the day...

Friends Word of a Russian invasion into Ukraine had the markets on edge before trading began, and in the first hour of trading stocks posted sizable losses. But as the trading session wore on, confusion about the Russian/Ukraine headlines and decent economic data...

Friends The stock market took a well-deserved pause today, as a small early morning rally dissipated midday, only to see stocks drift along for the remainder of the session.  There was not a lot of data or headlines for market participants to trade on, and quite...

Friends Stocks flirted with new highs for the S&P and the Dow for most of the trading session. The S&P did just barely close at 2000, but the Dow could not hold onto its all-time high. Nevertheless, the bears continue to wait for something to derail the...

Friends Stocks continued their upward surge as another late summer week of trading has gotten off to a good start. The bulls seemed determined to take a shot at 2000 on the S&P 500 and we did briefly trade above that level. Despite not being able to hold 2000, the...

Friends Traders where monitoring closely Janet Yellen’s speech at Jackson Hole this morning, but nothing really new came from it. Stocks drifted aimlessly for most of the session, then this afternoon it was Mario Draghi’s turn to speak. Once again, no real reaction,...

Friends Stocks continue the advance to new highs, as a lack of disastrous global headlines and continued strengthening economic data have the bears on the run. Jobless claims slipped back under 300,000 while the PMI Manufacturing Index was a blowout number to the...

Friends Traders sat on their hands for most of the morning as they waited for the release of the Fed minutes at 1:00 Central time. Despite the minutes indicating that the Fed might be leaning a bit more hawkish (willing to raise rates a bit sooner than thought),...