Red hot market just won’t stop rising

Red hot market just won’t stop rising

Major indices are in the green this Friday morning despite news that the US Economy grew at a slower than expected 2.6% in the fourth quarter. It may be that the bad economic news has traders buying because they suspect… Read More >

Symbols: GE INTC
All systems go

All systems go

It’s the second day of trading in 2018, and in early morning trading, stocks are building on Tuesday’s gains, climbing ever higher, surpassing 7,000 on the NASDAQ for the first time and 2,700 on the S&P 500 for the first… Read More >

Symbols: AMD INTC NVDA XLE
Dow up – NASDAQ down

Dow up – NASDAQ down

Major indices are mixed this Wednesday morning as technology issues suffer from something of a flash-crash. This comes as Fed Chair Janet Yellen addresses Congress, offering primarily good news about the economy. The price of Bitcoin finally punched through the… Read More >

Symbols: MAT MU NVDA XLF
Technology stocks drag market lower

Technology stocks drag market lower

Major indices are falling this Thursday morning, as the Street waits for word of who the next Federal Reserve Chairman will be. In earnings news, Facebook (FB) reported better than expected earnings and revenue after Wednesday’s closing bell, and while… Read More >

Symbols: FB SPY TSLA
Blast off

Blast off

Tuesday’s market bounce didn’t amount to much, but stocks have opened much higher this Wednesday morning. Overnight talk that the Fed will raise interest rates for a third time this year caused the dollar to rally this morning. Conventional wisdom… Read More >

Symbols: MU XLF
Tech stocks fall

Tech stocks fall

Major indices are in the red this Thursday morning, with the stocks in the high flying tech sector leading the market lower. Bond yields are not much changed following Wednesday’s Fed decision to leave rates unchanged. The dollar received a… Read More >

Symbols: IWM NVDA
Stocks flat ahead of Fed announcement

Stocks flat ahead of Fed announcement

Major indices are mixed or flat in Wednesday morning trading as the Federal Reserve winds up its two day meeting, to be capped by announcements at 2:00 PM. It is generally believed that the Fed will begin to unwind its… Read More >

Symbols: BBBY SPY