Friends   It has been quite a roller coaster ride for stocks in December. Today we got a nice rally after yesterday's selloff to somewhat square things for the week so far. We have pointed out the headwinds that the markets are facing as we finish out the year...

Friends   Take your pick. Omicron, hawkish Fed, no more fiscal stimulus (Build Back Better), inflation, valuation- any or all of these could be attributed to the continued weakness in the stock market. Once again stocks were under pressure from the opening bell...

Friends   The roller coaster ride continues. Today, the Nasdaq fared better than the Dow and the S&P 500, again making it difficult to decide what sectors of the market are poised to do better in the coming weeks and months and which sectors are in danger of...

Friends   It was another day where sectors of the market moved in different directions. Boring, mundane shares of companies that sell day to day products had a pretty nice day. Shares of companies that represent more of the future tumbled. Ok, that was a bit...

Friends   The Federal Reserve concluded their final 2 day Federal Open Market Committee (FOMC) meeting of 2021 today. The release of the statement at 1:00 our time and the subsequent press conference by Chair Powell gave the market at lot to consider. What did we...

Friends   Stocks struggled once again as investors continue to be concerned about the path of the Federal Reserve. The final FOMC meeting of the year began today and will conclude tomorrow. After the statement at 1:00 the Fed Chair will hold his usual press...

Friends   Market participants will be focusing on the Fed this week as their final FOMC meeting of the year begins tomorrow. We will get the committee’s statement and Fed Chair Powell’s press conference on Wednesday. Expectations are that the Fed will announce...

Friends   That last time we saw inflation this high was 1982. Today’s Consumer Price Index showed a year over year increase in prices of 6.8%. The question continues to be will some of those pricing pressures wane over time once/if the pandemic runs its course,...

Friends   It was a mixed day of trading with the Nasdaq coming under some selling pressure (down 1.71%) while the Dow was able to hold serve. On the economic front we got a weekly jobless claims number that was the best we have seen in over 50 years. But mainly...

Friends   Stocks rocketed higher today adding to yesterday's nice gains. Today, Nasdaq was the big winner tacking on a whopping gain of 3%. Things did cool off a bit into the early afternoon only to close strong in the end. Market participants certainly seem a...

Friends   The roller coaster ride in stocks continued as the market averages pushed nicely higher in today’s trading. Perhaps the Omicron variant will pack a less lethal punch. Perhaps the markets have come to grips with a more hawkish Fed. Or maybe today’s...

Friends   The volatility continues as the Nasdaq led the way lower in today’s trading session. Today’s jobs numbers were a bit confusing as the non-farm payroll number came in much less than expected, but the unemployment rate fell to 4.2% which was good. The...

Friends   As expected, market volatility continued today but this time stocks moved higher. Despite additional cases of the Omicron variant surfacing in the U.S., the oversold conditions in stocks attracted the dip buyers. More importantly, the advance was much...

Friends   The first day of December started with a bang but ended with a whimper. By mid-morning the Dow was sporting a tasty 500 point rally. But by lunch time some of that advance had dissipated. Then we got what we knew was coming- a report about the first...

Friends   Stocks tumbled again today. Let’s discuss. The markets were in disarray before the opening bell as an article in the Financial Times referenced Moderna’s CEO discussing the possibility that their vaccine may not be as effective against the Omicron...