12/28/23 It’s Open Season

News: Wednesday’s session ended with another day of gains … Albeit modest gains. The indexes were all green at the close. The S&P 500 gained about 7 points—just 14 points away from a new all-time high close. Traders Are Back Select stocks, many w...

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Dec 28, 2023
12/27/23 Higher Still

News: On Tuesday, markets welcomed the year’s final week of trading with continued buying. The indexes posted another day of solid gains… Sector Round Up All the 11 sectors ended Tuesday in the green. All the gains were tame. At the top… At the botto...

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Dec 27, 2023
12/26/23 Welcome Back Santa

News: On Friday, PCE, the Fed’s preferred inflation measure of inflation, showed continued cooling. The trend shows a clear peak and decline… According to the release… These are some of the lowest readings we’ve seen in years. The indexes absorbed th...

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Dec 26, 2023
12/22/23 Back Where We Started

News: Q3 GDP was revised down on Thursday. Annualized growth clocked in at +4.9%.  The indexes took the news in stride. Buyers regained much of the lost ground from Wednesday’s abrupt selloff… Sector Round Up All 11 sectors ended Thursday in positive...

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Dec 22, 2023
12/21/23 Overdue Selloff

News: Markets opened Wednesday’s session with little conviction from buyers or sellers. As the afternoon wore on, the bears finally made a move, and the bulls didn’t put up a fight. The indexes plunged during the final hour and a half of trading, and...

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Dec 21, 2023
12/20/23 Overbought and Not Slowing Down

News: Markets continued their push higher on Tuesday. The indexes each logged a day of gains… The Russell 2000 made new 52-week highs as the “January Effect” grips the market. The S&P 500 ended just 28 points or 0.6% below its all-time high close...

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Dec 20, 2023
12/19/23 It’s Been 5 Years

News: Markets opened the new week mostly higher on Monday.  …Though overall sentiment was mixed. The indexes barely budged… Sector Round Up 8 of the 11 sectors ended Monday’s session higher. At the top… The losers… Technicals:  Fear has no place in t...

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Dec 19, 2023
12/18/23 Your Free Lunch is Here

News: On Friday, markets reached the mid-way point of December. The end of the year is practically here. Friday’s trading was choppy. The triple witching was a likely cause. The indexes ended the day mixed… Sector Round Up 8 of the 11 sectors ended F...

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Dec 18, 2023
12/15/23 Booking Profits on the Russell 2000

News: On Thursday, markets built on rate-cut optimism, posting another day of solid gains. The indexes all rose. One tiny fraction of the market continues to outperform the rest. Small Caps in the Russell 2000 are leading the charge higher… The “Janu...

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Dec 15, 2023
12/14/23 Rate Cuts in Sight

News: Yesterday, the Fed held interest rates unchanged at 5-¼ to 5-½ percent, as expected. Inside their summary of projections was a surprise… Fed Officials are expecting an average of three rate cuts in 2024, according to the newly released dot char...

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Dec 14, 2023