Turkey Haze

Turkey haze.  Traders could not muster the energy to rally stocks on Friday’s short session as they pressed the sell button from their couches.  Friday’s abridged session finished off what was the worst Thanksgiving week in years as crude oil…

Read More

Holiday spirits

Holiday spirits.  After a few rough sessions, stocks attempted to show some bull spirit, trading in the green for most of Wednesday’s session only to close mixed on the day.  Seller exhaust was met with value seekers’ quest for bargains…

Read More

FAANG Bang!

FAANG bang!  Equity markets sold off yesterday led by the once-loved tech sector in a continuous stream of bad news.  Some high flyers in the technology sector were still reeling from a spate of negative news that hit the tape…

Read More

Familiar Faces

Familiar faces.  Markets closed mixed with a slightly positive sentiment on Friday as traders juggled with mixed, but very familiar signals from Administration officials, tech companies, and the Fed.  As if to provide analysts with talking points for their year-end…

Read More

V is for Volatility.

V is for Volatility.  In a volatile session, stocks followed a “V” pattern trading off early in the session only to turn up and close in the green, led by hated-yesterday-loved-today technology.  Markets started the day on negative footing as…

Read More

Whodunnit?

Whodunnit?  In a volatile day of trade, stocks swung wildly closing down on the session despite news which was somewhat positive leaving traders wondering what had caused the selling.  First the positives. CPI price data showed numbers that suggested inflation…

Read More

800 Pound Apple

800 Pound Apple.  Stocks staged significant pullback yesterday on bad news.  Apple had never quite regained its footing since it provided less-than-glowing forward guidance in its earnings release 2 weeks ago.  In a nutshell, Apple warned that they expected the…

Read More

Ups and Downs

Ups and Downs.  Markets relented some of their gains on Friday as renewed fears of global trade and interest rates overtook Wednesday’s euphoria.  Despite the drops, equities still posted a positive week.  With the midterm elections out of the way…

Read More