Investors’, Traders’ and the Fed

Stocks finished last week with robust swagger, as the tech driven Nasdaq Composite favorites posted some surprise earnings results, amid some massive announced layoffs. The market came to life on Monday as stocks showed optimism, as all indices were stronger. The Dow Jones Industrial Average was up 259 points or 1.2%, with the S&P 500 … Read more

The Stagnant Economy

Stocks finished Friday on the upswing after a week of peaks and valleys. Investors and traders watched closely as a few ‘big banks’ showed earnings that were surprisingly ‘good.’ As interest rates increase, loans become more profitable, generating more fees and revenue, as seen in the latest quarter. As the week opened, more bank earnings … Read more

Inflation Simmers Down

The market finished last week’s session with the Dow Jones Industrial Average soaring nearly 700 points, while the S&P 500 and Nasdaq Composite gained 2.3% and 2.6% respectively. It marked the first week of 2023 with increases in the indices. A big factor in the positiveness of the market was the Labor Department’s monthly report. … Read more

Old Lang Syne?

As the new trading year kicked off Tuesday, to a shortened week, much of the same feeling emanated, echoing the last days of December, 2022. Stocks showed little optimism and slumped, ending the session with the S&P 500 ending off 0.40%. The Dow Jones Industrial Average finished the day down only 12.66 points, with a … Read more

Will Santa Claus Stop At Broad & Wall?

50 years ago, Yale Hirsch recorded in his “Stock Trader’s Almanac” a history of the last five trading days in December and the first two trading days in January, the rise and fall of the S&P 500 average, called the “Santa Claus Rally.” According to the ‘Stock Trader’s Almanac,’ the stock market has edged up … Read more

Peaks And Valleys Rule

The market opened Monday, continuing with the trends of last week, with fears overtaking investors and traders. Economic conditions are at best showing signs of continued uncertainty, as manufacturing and the services industry are struggling. Consumers are more apprehensive in their buying habits, more cautious after digesting massive amounts of negative inflation information. The housing … Read more

The Battle Weary Investor

A combination of a possible lower interest rate increase and anticipation of a lowering of inflation on Wednesday’s CPI announcement, drove the market higher. It was a hallmark day for the Dow Jones Industrial Average as it soared 528 points or 1.6%, while the S&P 500 added 56 points. The tech heavy Nasdaq jumped 139 … Read more

The Scary Economy

Stocks retreated across the board on Monday’s opening. Traders and investors were increasingly apprehensive that the Federal Reserve will carry on with interest rate hikes well into next year, ‘riding hard’ on combating inflation. The ‘big’ banks reacted more seriously, as they are affected by rate increases to a greater degree in adjusting their own … Read more

Hello Bull, Adios Bear

The market opened this week… on the ‘weak’ side, as many distractions and up-coming events loomed over investors and traders. China’s run-a-away Covid problems and the effects worldwide have dampened many economies. At home the Chinese government’s severe lockdowns have spurred riots in major cities, disrupting all aspects of the economy. Oil slid all week, … Read more

Winning Inflation Battle

Anxiety clouded the market at the opening on Monday, and then investors caught ‘their’ balance late Tuesday, closing with gains in all indices, as the Dow Jones Industrial Average was up near 400 points, or 1.2%, while the S&P 500 posted a nice rise of 1.4% gain. The technology heavy Nasdaq Composite jumped 1.2%, with … Read more