On Tuesday, hints of an economic slowdown began to turn into something else. At the very least, the hints are… Read More >
Economy strong, stocks rise
Major indices are in the green Friday morning, as the Commerce Department reported that the US economy had grown a better than expected 3% in the third quarter. In other good news, consumer spending grew at 2.4%. Though the DJIA… Read More >
Five stocks getting high stock scores
Over the last couple of weeks we have been paying close attention to a new stock scoring system put in… Read More >
No change
Major indices are mostly unchanged this Monday morning, as investors mull over positive recent economic numbers, but continue to question the market’s high valuations. Global oil prices are somewhat lower today than they were on Friday. Shares of CVS (CVS) … Read More >
The surprising return of American prosperity and what it means for your portfolio
The past few weeks have been, quite literally, among the most disastrous in American history. Within that span, Americans were beset by the wrath of three powerful hurricanes: Harvey, Irma, and Maria, all three of which were devastating. As if… Read More >
Stocks rise on good economic news
Major indices are in the green this Thursday morning after two pieces of good economic news. The Commerce Department reported that the US trade deficit narrowed by 2.7% in August, which should be good for President Trump who promised to… Read More >
Stocks edge higher despite Korea, Harvey
Stocks are up slightly this Wednesday morning following the Commerce Department’s upward revision of the nation’s April-June GDP from 2.6% to 3% in the second estimate. There has been tough talk from the president following the most recent provocation by… Read More >
Higher GDP pleases Street
Major indices are in the green this Thursday morning after the Street learned that fourth quarter GDP had been revised upward from 1.9% to 2.1%. The Street was also relieved by a smaller that expected rise in oil inventories and… Read More >
Red all over
Major indices are in the red this Friday morning, on the last trading day of 2016. Despite relatively good economic news, interest rates and the dollar have lost their momentum. Bank of America (BAC) is up 0.7%, while NVDIA (NVDA)… Read More >
Five stocks to buy and hold in 2017
With the New Year just around the corner, the time has come to look ahead, and start to build an… Read More >