Category: Economy
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Too Many Dramas
Rattled the street this week. Sending the major averages into the close mixed from last Friday. Too many dramas took 197 points of the Dow, a .4% loss. The NASDAQ gave up 39 points or .17%. While the S&P 500 gained 23 points or .33%. Another refusal to lower interest rates by Fed Chair Jerome…
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Couldn’t Climb Higher
The major averages were unable to add to their recent gains this week. Failing to climb higher after geopolitical tensions increased over Greenland and Iran. While Fed Chair Jerome Powell saw his criminal probe widen. Leaving the major averages with small losses. Since last Fridays close the S&P 500 slipped 24 points or .35%, the…
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Show Me the Money
With the 4th quarter earnings, aka show me the money, season underway. So far it is off to a good start with the major banks Morgan Stanley, Goldman Sachs, Citigroup, and Bank of America, all beating estimates. Indicating a broadening bull market as strong earnings extend beyond the Mega-Cap tech and AI sectors. With 2026…
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Solid Gains Power Stocks
The major averages closed the first full week of trading to begin the year with solid gains. Since last Fridays close the S&P 500 increased 108 points or 1.57%, the NASDAQ picked up 435 points or 1.87% while the DOW jumped 1.122 points or 2.32%. Driven by significant improvements to the economic data and continued…
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A Rough Start
After a rough start to the week. The major averages rallied late. Finishing mixed. Since last Fridays close the S&P 500 is up 7 points, essentially unchanged. The NASDAQ gained 113 points for the week or .49%. While the DOW slipped 323 points or .67%. The Debate Continues Policy induced economic Armageddon? Or simply a…
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Gave a Little Back
The major averages closed mixed. Unable to build on last weeks outsize gains. After the NASDAQ and S&P 500 gave a little back despite the Dow ending up for the week. Since last Fridays close the S&P 500 fell 43 points or .63%, the NASDAQ slipped 383 points or 1.62%, while the DOW jumped 503…
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Are They Wrong
Despite a parade of doom and gloom from the mainstream media this year. The markets, economy and earnings all continue to perform well. Leaving me to wonder, “are they wrong”? Or just “early”? Certainly, their predictions this year have been considerably off target. Endless recession calls, much higher inflation and falling financial markets that have…
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More Losses
The major averages delivered more losses this week. Since Monday the S&P 500 dropped 69 points or 1.03%. The NASDAQ fell 435 points or 1.92%. While the DOW slid 345 points or .74%. A rough ride in the last few weeks but none of the major averages have given up the requisite 10% to qualify…
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Meaningful Losses
A rough week for stocks sends the major averages into the close with meaningful losses. As the markets chalk up their first down week since October 7, when they finished fractionally lower. Since last Friday’s close the S&P 500 has lost 111 points or 1.62%; the NASDAQ fell 720 points or 3.04%; while the Dow…
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Markets Are Up
Despite an endless parade negative reporting from the mainstream media. The markets are up again this week. Earnings are on track for another double digit quarter. The world didn’t end when the government shutdown. Mainstream economists and investment houses continue to miss substantially with their economic and market forces. But, hey a broken clock is…