Friends   All in all, in was a really good week for stocks. Whether we are simply seeing a bear market rally or the beginning of something new will only be learned in time, but for the moment the bulls finally had a week that they could celebrate.   By the...

Friends   Stocks continued higher for the week, despite oil prices and interest rates moving higher also. This is the best string of days the bulls have been able to put together for some time. It is only to be determined whether the move higher in stocks is a...

Friends   As expected, the Federal Reserve raised the Fed Funds rate a quarter of a percentage point today. Also, but perhaps not as much as expected, Fed Chair Powell indicated that a total of 7 rate hikes are possibly in the cards for 2022 which would bring the...

Friends If you need an illustration of how crazy markets are these days just take a look at oil. WTI was $130 per barrel just last week, and today it was trading at $95 per barrel. And of course, we can’t forget that just 2 years ago oil traded down to a negative $37...

Friends As I have said for the last few Fridays, it’s pretty difficult to step in and do a lot of buying when just about anything can happen over the weekend. Stocks got off to a nice start today based on hopeful headlines about Ukraine, but as the trading session...

Friends Well, yesterday’s counter trend move didn’t last very long- one day to be exact. But the good news is that today’s pullback wasn’t particularly fierce, and buyers did step in to lessen the damage by the close. The CPI number came in about as expected up 7.9%...

Friends We were due. Stocks were getting very oversold as we had seen over the past weeks. Intraday rallies have been met with selling and by the end of trading days we seemed always to be heading lower. But today everything kind of reversed. Oil and gold dropped,...

Friends It was very active day of trading. Stocks fell early on word that the U.S. was going to ban Russian energy imports. But by late morning the Dow reversed on rumors and was soon sporting a tasty 500 point gain (an 800-point swing). Things see-sawed the rest of...

Friends   It was another very difficult day for the markets as oil and various other commodities continue to see their prices soar as a result of continued global conflict. Sentiment has gotten extremely bearish and as we have noted, any attempts to rally stocks...

Friends   The news that the Russians had bombed then subsequently seized Ukraine’s largest nuclear power plant helped set the negative tone for stocks as the trading session began this morning. Stocks moved lower at the open and remained in negative territory...

Friends   The bulls tried to put together a positive day for stocks, but in the end, it just wasn’t meant to be. Every move into positive territory was met with selling as headlines and headwinds continue to weigh on the markets.   By the close, the Dow...

Friends   A measured testimony before the House Committee on Financial Services by Fed Chair Powell helped fuel an already positive day for stocks. The Fed Chair indicated that he will recommend to the FOMC a quarter point Fed Funds rate increase at their March...

Friends   The combination of global conflict mixed into a moment in time when the world was already dealing with the worst inflation in 40 years is simply adding to the volatility, we have been predicting for some time now. With the Russians closing in on Kyiv...

Friends As you might expect, given the continued Russian/Ukraine situation, stocks were all over the place today. After an early selloff, stocks rallied to move mostly into positive territory only to see the market averages go right back down near earlier in the day...

Friends Wow, what a crazy week. Word that Mr. Putin was willing to “hold talks” with the Ukrainians seemed to be the catalyst for today’s rally as stocks soared higher and were able to hold onto the gains into the close. On Thursday morning things looked as dire as we...