Remember ladies and gentlemen, stocks do not go up forever! Even in very strong bull markets (present market included) it’s perfectly normal and healthy to see the market pullback and digest a recent rally. Last week, the major indices ended lower and the benchmark S&P 500 and Dow Jones Industrial Average both snapped a very…
The market ended mostly higher last week as investors digested a slew of earnings, economic and central bank data. Nearly every major central bank in the world continues its easy money stance. Even though the Fed, and a few other central banks, began raising rates, rates are still extremely low and they are doing…
It was another solid week on Wall Street as investors digested a slew of earnings and economic data. The major indices overcame a mid-week sell-off and ended higher after several well-known tech stocks reported strong numbers and GDP beat estimates. Buyers showed up on Friday after: Alphabet, Amazon, and Microsoft were some of the well-known…
Stocks Race Higher As Earnings Season Kicks In Stocks soared last week. Hope of a tax cut was renewed. The vast majority of earnings (that were announced) beat estimates. The market went from being extended to being VERY extended! Buyers continued to show up and aggressively accumulate stocks. From any normal perspective, the market is…