Friends
I forgot to mention yesterday that today’s trading session ended at noon. It was a short session, but a good one for the bulls. This morning’s non-farm
Friends
It was a rather strange reaction to a very soft ADP private payroll number this morning. Instead of adding 100,000 payrolls the private sector actually
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The dogs were barking today. On this first trading day of the 3rd quarter we saw many of the “dogs of the Dow” lead the market average higher. Stocks
Friends
The quarter ended on a high note for the bulls and what a quarter it has been. We saw stocks tumble in April and on this last day of June we are parked
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Stocks surged to new all-time highs this morning but did see some profit taking early this afternoon. But the bulls did some more buying in the final
Friends
It was a good day for the bulls. The market averages continue to move towards record territory despite lots of hand wringing among Wall Street analysts
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More than any real selling pressure it just felt like there just weren’t any market participants interested in buying today. The market averages are
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Hopes that a ceasefire brokered by President Trump between the Israeli’s and the Iranians will hold sent stocks nicely higher today. The market averages
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By now I am sure you are aware that the United States bombed Iranian underground nuclear sites this weekend and that Iran kind of “retaliated” today. Did
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It was a very quiet day of trading as I suspect that many traders headed for the Hamptons on Wednesday for a 4-day weekend. With no new economic data and
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As expected, the Federal Reserve did not change monetary policy today. The Fed Funds rate remains the same 4.25% to 4.50% and the Fed Chair emphasized in
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The situation in Iran is certainly the main driver of market direction at the moment, but while all that is happening, we still continue with business as