Don’t Stop the Music

Don’t stop the music.  Investors spent yesterday feeding their Fed disappointment with selling.  Still disappointed in Jerome Powell’s Wednesday admission that the recent decline in inflation was transitory, traders sold sending large cap equity indexes down for a second day.…

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Whipsaw!

Whipsaw!  Traders were whipsawed by the Fed yesterday as Chairman Powell pulled the plug on the rate-cut dance party.  The Fed took center stage yesterday keeping rates unchanged but dashing hopes of a rate cut causing stocks and bonds to…

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Signal or Noise

Signal or noise.  Amidst a noisy day of varied information stocks closed mixed in yesterday’s session. Extreme beats and misses combined with mixed global economic news helped the Dow and S&P rally into the close after spending the day in…

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Gentle Glide

Gentle glide.  Stocks rose marginally yesterday in a low volume session on a benign economic number.  In the quiet before the earnings storm, traders cautiously drove the S&P and NASDAQ Composite indexes to new highs. WHAT YOU NEED TO KNOW:…

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Exceed Expectations

Exceed expectations.  Stocks rose moderately on Friday with some indexes hitting new highs after an exceedingly good economic number.  Stocks climbed on Friday because the economy is doing well while bonds also climbed because traders are projecting rate cuts.WHAT YOU…

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Mixed Bag

Mixed bag.  It was a mixed bag of information that led industrials lower and technology higher in yesterday’s session.  Earnings misses and weak forward guidance led to a punishing session for some shares while others rallied on small beats and…

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Take in the View

Take in the view.  Traders paused to take in the view from up here in yesterday’s trade, easing back on stocks, just one day after making new all time highs.  It was a day of rest and uninspiring earnings, prompting…

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Popping Bottles

Popping bottles.  Stocks propelled to new all time highs yesterday riding a positive wave of earnings. The S&P landed back on top with a record high close as earnings exceeded a low bar for expectations. WHAT YOU NEED TO KNOW:…

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Crude Behavior

Crude behavior.  Stocks closed mixed yesterday as traders awaited the earnings onslaught over the next two weeks.  A jump in crude oil prices gave investors a reason to drive up energy shares and question treasury yields. WHAT YOU NEED TO…

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Nowhere to go but up?

Nowhere to go but up?  Equities continued their upward momentum on Friday, spurred by some good earnings and some surprisingly good economic figures.  Stocks bounced around during the session, the last trading day of an abridged low volume week, but…

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