[su_heading style=”modern-2-dark” size=”20″] Housekeeping [/su_heading] Due to the shortened holiday week, this will be our only intra-week update (unless market conditions worsen significantly). [su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] In a normal (non EASY MONEY addicted environment), we would say the sloppy action we are seeing up here is not healthy and typically will lead to…
[su_spoiler title=”Monday-Wednesday’s Action: Economy Data Is Not Impressive” style=”fancy”] Stocks rallied on Monday helping the Dow Jones Industrial Average and the benchmark S&P 500 hit new record highs. Stocks rallied after the National Association of Home Builders’ survey missed estimates and showed builder confidence fell two points in May. Separately, European stock markets and the…
[su_spoiler title=”Monday-Wednesday’s Action: Economy Data Is Not Impressive” style=”fancy”] Stocks rallied on Monday helping the Dow Jones Industrial Average and the benchmark S&P 500 hit new record highs. Stocks rallied after the National Association of Home Builders’ survey missed estimates and showed builder confidence fell two points in May. Separately, European stock markets and the…
[su_heading style=”modern-2-dark” size=”20″] Market Update: Bulls Remain In Control [/su_heading] Stocks ended mixed last week as investors digested the latest round of mixed economic and earnings data. In the short term, the market looks a little extended and due for a little pullback to digest its recent gain. The big take-away is that the stock market…