Friends It was a mixed trading session today, with the Dow hanging onto small gains while the S&P and the Nasdaq struggled. The big growth winners from last year experienced the most selling pressure today. We saw good earnings from a handful of big banks as...

Friends This morning’s Consumer Price Index number was a little hot, but frankly not as hot as I believe market participants were expecting. The S&P 500 and the Nasdaq had nice days as only the Dow lagged, hurt by Johnson & Johnson and a few other names such...

Friends   After last week’s surge in the market averages, stocks took a little bit of a breather today. There was no real news to drive the direction of the markets today but we are entering earnings season this week, so we will get a look at corporate America’s...

Friends   Stocks finished up another very good week with a rally that picked up steam as the trading session wore on. There just seems to be more and more money coming into the market, sucking up new issues, SPACs and add-on stock offerings. It is very impressive...

Friends   It was another nice, somewhat orderly, advance in stocks today. Continued hope that we will have a robust economic recovery which will not include any long term inflationary pressures is keeping the bulls enthused.   For the day, the Dow Jones...

Friends It was another quiet day of trading in the stock market. As I mentioned yesterday, I wouldn’t mind if things cooled off just a bit and the stock market digested recent gains. The bullish predictions for the economy continue to make the headlines and we sure...

Friends   Well, stocks did finally cool off just a bit today, though I don’t think the bears are doing a whole lot of celebrating. Actually, a wise bull might be glad to see the advance in stocks take a bit of a break for some much needed digestion. The thing...

Friends   A bevy of really good economic numbers, including last Friday’s jobs number (released when markets were closed) and today’s sparkling ISM Services number, helped spark a tasty rally in stocks to begin the week. It was an eclectic mix with some growth...

Friends   With the S&P 500 getting very close to the 4000 level, I saw a note today that remembered that the first time the S&P closed above 400 was in December of 1991. That’s a 10 bagger as we say in the biz, over a 30 year period. It’s another great...

Friends   The yield on the 10 year Treasury Note moved higher before the open today which led to stocks moving lower early in the trading session. Although those yields did move back down throughout the day, stocks stayed in negative territory. As we enter the...

Friends While the business media focused on a Family Office/Hedge Fund that is blowing itself up by having used outrageous leverage to accumulate certain stock positions, the market pretty much shrugged it off and continued to simply chug along. Interest rates ticked...

Friends   The bulls were able to build on the momentum that we saw at the close yesterday and push stocks higher to end the week. It was a mixed bag of winners and losers with no real discernable theme. Yes, the reopen stocks did pretty good, but so too did the...

Friends We had a bit of a change of pace today with regards to market action. Instead of a late in the day fade, we had weakness in the morning, but a recovery in the afternoon. If you’re a bull, that is the pattern that you would rather see. By the close, the Dow...

Friends The bulls tried to rally the forces today, but in the end even the Dow could not hold on to feeble gains. Nasdaq shares fell even though interest rates on the long end of the yield curve did not rise. We seem to be falling into a pattern where early attempts...