Friends   It was a very good start to the new month for stocks today. Perhaps more vaccines getting into circulation and the hope that those who want to be vaccinated will be so within the next couple of months, helped stir animal spirits in market participants....

Friends   Not that Apple, Facebook, Amazon, Microsoft and Google represent the dark side of the force, but in recent times they have represented the Empire, basically carrying the market averages in 2020 and prior years. But, as we have seen, these market leaders...

Friends   Interest rates have been rising for months now, but have accelerated to the upside in the past few days. Remember, the 10 year Treasury note was as low as .50% last year, but today we saw that yield rise to nearly 1.60% at one point. Sure, 1.60% yield...

Friends   Wow, it was another day of wild trading. After being down sizable in early morning trading, stocks recovered to post impressive gains by the close. It was a day of strange bedfellows with the crazy stocks like GameStop getting a second wind (or is it...

Friends   What a wild day for stocks. We saw high flyers tumbling out of the sky, Fed Chair Powell reminding everyone that the Fed is still firmly in a dovish sense, and some of those boring old companies that some of us old guys tend to gravitate towards...

Friends   In recent weeks, we have seen a bit of a shift from growth to value, a rotation if you will, in the stock market, and today was the most pronounced example of that rotation. While the Dow showed modest gains, we saw quite a bit of selling in the...

Friends   The week from hell here in Texas is almost over. As for the markets, things were a bit choppy today as the market averages struggled to show any real direction. Market participants are focusing their attention back on vaccines and economic reopening....

Friends   If you want to understand why the financial markets are difficult to oversee and why Congress has such a difficult time designing legislation to do so, today’s Committee on Financial Services zoom testimony with the GameStop situation players was...

Friends   Boy, it has been a quiet week. Yesterday the Dow was up a bit and the S&P was down a tad, and today it was just the opposite. New issues continue to pop (Bumble today), SPACS continue to be formed and craziness in pot stocks is this week’s sideshow, but...

Friends It was a choppy and somewhat directionless day of trading, as stocks dipped into negative territory early in the trading session, pushed into positive territory midday, only to falter towards the close. There was no real market moving headlines, hence the lack...

Friends It was a quiet day on Wall Street. Volatility was muted and market participants didn't seem too interested in making any waves as stocks simply drifted slightly higher or slightly lower throughout the trading session. By the close, the Dow Jones Industrial...

Friends Stocks continued last week's winning streak as the market averages rallied from the opening bell and held onto the gains throughout the trading session. Encouraging news about Covid-19 numbers as well as vaccine distribution seemed to help set the tone for...

Friends   Stocks topped off the tank today on a good week for the market averages. It was a somewhat subdued trading session, but given the action of the week that is not surprising. We did get the non-farm payroll number which came in as expected. The...

Friends   It was another good day for stocks in what is turning out to be a very good week for the markets. Earnings continue to be stellar with more than 80% of the companies that have reported having beaten expectations. And, they are beating expectations...

Friends We had big earnings from both Google and Amazon after the close yesterday. In today's trading, Google's shares responded positively while Amazon's shares sold off a bit. That's been the story of this earnings season. The numbers have been good, but the share...