Friends After a very quiet day of trading, stocks slumped once again in the last hour of trading before trying to rally in the final minutes. More than any concerted selling, there appeared to simply be a lack of interest in buying. With Bank of America’s earnings...

Friends   Today’s CPI release showed year over year inflation at 8.5% at the consumer level. Now, that sounds bad, and it is, but the silver lining might be that on a month-to-month basis the core inflation number (which excludes food and energy) was up .3% which...

Friends It was a rocky start to the week for stocks, and once again we are beginning to see the last hour of trading be the most damaging. While we were rallying a couple of weeks ago stocks were finishing strong at the end of each trading day. Now as we have weakened...

Friends It was a mixed day for stocks. The Dow moved higher posting a nice gain by the close while the Nasdaq struggled in negative territory. There was not a lot of news for market participants to deal with, but that will change in the coming weeks as we roll into...

Friends After another soft opening, market participants decided to do some buying this afternoon moving the market averages higher by the close. For the day, the Dow Jones Industrial Average was up 87 points to finish the day at 34,583. The S&P 500 was up 19...

Friends   It was a pretty bad day for, well, basically everything. Stocks were down, bonds were down, gold was down, oil was down, Bitcoin was down. Last month’s Fed minutes simply confirmed what we have been hearing from Fed officials over the past week. Rates...

Friends   It was a pretty good start to the week for stocks, as there were no real market moving headlines to deal with. The biggest winner of the market averages was the Nasdaq as the big-name growth stocks- Apple, Google, Facebook, Microsoft, and the rest all...

Friends   The bulls ran out of gas before they could pull the quarter end rally across the finish line. Not surprisingly, stocks limped into the close on the final day of a quarter that saw a huge decline followed by an impressive rally, all while facing...

Friends   It was another trading session where the bulls were able to erase early losses and move stocks slightly higher by the close. The bigger story was with bonds as we saw the yield curve slightly invert with 5-year Treasury yields slightly higher than...

Friends   Stocks got off to good start at the open this morning, but as the trading session wore on, buyers seemed to disappear and the market averages drifted into negative territory by early afternoon. But, as we have seen lately, the bulls had a final kick...

Friends   With the aid of lower oil prices, stocks got back on the winning track today with the market averages pushing higher. Bonds, which have been active lately, were more quiet today as rates backed off slightly. Once again, we had a bit of a push higher...

Friends   Well, today was pretty much the opposite of yesterday. Today stocks were down while bonds moved higher in price (yields lower). Oil prices are moving back higher and that continues to fan the inflation fire. Remember stocks began their recent climb...

Friends   After yesterday’s pause, stocks were able to resume their recent rally once again today. In the meantime, bonds continue to sell off (rates moving higher). As a matter of fact, as we stand year to date, bonds are now down more than stocks. Vanguard’s...

Friends   News that a Boeing 737 went down in China overnight sent that Dow component lower at the open and the Dow Jones Industrial Average itself with it. The S&P and Nasdaq were holding their own until midday when Fed Chair Powell made it clear that the...