State of the Stock Market Analysis for the Week Ending June 19th, 2016 (Bulls Disappointed By Friday Fade 6-19-16) Bulls had been hoping for a Friday rally that would build on Thursday’s gains, but that was not to be the case. Friday’s fade was not all that bad, but it did close out a tough…
Let’s be honest… While the lure of electric cars gets harder to ignore, especially with today’s fluctuating gas prices and the attractive options that Tesla is putting out, the truth of the matter is, a fully electric car is not feasible for many of today’s American commuters. The ease of fossil fuels is something that’s…
Stocks enjoyed a mildly bullish and calm week until the sudden decline on Friday pushed the major indices into the red. Investors looking just at the U.S. market might have been scratching their heads as Wall Street registered its worst day in a month. The few economic releases of the week were all in-line with…
State of the Stock Market Analysis for the Week Ending June 12th, 2016 (Yellen Couldn’t Increase Confidence Levels 6-12-16) There were hopes that we could close out Friday with a win, but that was not to be the case, as all three of the major averages finished lower. The overall week was mixed and flat, with…
When I first got into this business, a mentor and friend taught me on one of my first lessons of the investment world and I’m going to share it with you now… This nugget of wisdom deals with understanding that there are two parts to every accurately predicted stock play. We had gone to lunch…
In a shortened week plagued by negative economic news, stocks were flat. Consumer confidence missed expectations as did the non-manufacturing PMI, and the week ended with the worst jobs report since the September of 2010. Friday virtually answered all the questions regarding a possible rate hike on the Fed’s next meeting. It’s hard to imagine…
State of the Stock Market Analysis for the Week Ending June 5th, 2016 (Stocks Soar Going Into Memorial Day Weekend 6-05-16) There was investor optimism going into Friday’s jobs report that we would get a strong employment report which would confirm that the economy was vibrant and that better days were on the way. After all,…
Do you remember the Universal Monsters? You’d be hard pressed to find somebody who doesn’t have a memory of Bela Lugosi’s turn in Dracula, Boris Karloff’s disturbing portrayal of Frankenstein’s monster or Lon Chaney Jr.’s incredible transformation from Larry Talbot into the Wolf Man… However, more people have more terrifying memories of the economy during…
Bulls finally got the rally that they were hoping for throughout May, after a three-week long grinding correction that tested the nerves of investors on Wall Street. The Gorilla remained confident all the way, as market internals signaled an orderly consolidation, and now it looks as though his patience will finally pay off. Bulls hope…
State of the Stock Market Analysis for the Week Ending May 29th, 2016 (Stocks Soar Going Into Memorial Day Weekend 5-29-16) Friday’s late-session lift was a great way to head into the Memorial Day Weekend. It topped off a very encouraging week for a stock market that has confidence levels rising. All of the concerns…
