[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Stocks Fall As Incoming “Data” Is Mixed Stocks fell last week as the incoming “data” remained mixed which does not provide more clarity regarding when the Fed will raise rates. Remember the Fed has a dual mandate: help the economy and keep inflation near its 2% target. Right now, both…
[su_spoiler title=”Monday-Wednesday’s Action: Economic & Earnings Data Remains Mixed” style=”fancy”] Stocks rallied on Monday and overcame earlier weakness after the Dow Jones Industrial Average crossed the unchanged line over 30 times before noon EST. Investors continue to look at incoming “data” for clues on what the Fed’s next move will be. Personal income rose by…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Put simply, the tape remains exceptionally split. The major indices are under a little pressure as they gave back most of this week’s gains and all turned negative for the week except for the small-cap Russell 2000. The Dow industrials is on track for its 3rd weekly decline and…
[su_heading style=”modern-2-dark” size=”20″] Housekeeping [/su_heading] [dummy_text] [su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The major indexes remain very strong as all the major averages remain perched near their respective 2015 and record highs. Earlier today, stocks rallied after news spread that yet another deal will get down to kick the can down the road and avoid an…