News: The market ended Q1 of 2023 on a high note. On Friday, all the indexes finished the day sharply higher… Cooling inflation data led the positive day. The Fed-preferred inflation gauge, the PCE index, showed inflation rose 5.0% year-over-year. I...
News: There’s an old saying in the market, “amateurs open, pros close.” Thursday marked a rare day in a volatile market—both sides agreed. Markets opened higher, dipped mid-day, and finished near their highs/opens. Of the indexes, the big three ended...
News: Markets open higher on Wednesday. Several positive developments helped the market rally… As the day wore on, Congress finished a second day of hearings on the collapse of Silicon Valley Bank. All the major indexes held their initial gains and c...
News: On Tuesday, the market opened mixed and near flat. At 10 AM, the top was in. The major indexes faded into the close as volatility evaporated from the market. All four indexes ended the day modestly lower… If you sat on the sidelines, you weren...
News: Monday opened with gaps up across the board. Early gains were driven by the **First Citizens (FCNCA) acquisition of the failed Silicon Valley Bank. However, the early rally failed to gain momentum. After a strong open, markets chopped around, a...
News: On Friday, the markets ended generally higher. After gapping down and opening in the red, buyers steadily pushed prices higher into a modest victory for the bulls. Every major index ended the day with gains… The gains came despite new cracks sh...
News: On Thursday, the open belonged decisively to the bulls. In the first two hours of trading, the indexes climbed as much as 2%. Markets peaked around 11 am. Then the bears took over. Most stocks were in the red with just one hour to go in the tra...
News: On Wednesday, Stocks opened near flat and treaded water ahead of the much-anticipated Fed announcement. At 2 PM, the Fed announced a 0.25% rate increase, raising levels to 4.75% – 5%, the highest rate since 2007, before the Great Recession. The...
News: Markets opened to positive news on Tuesday. According to the National Assoc. of Realtors, “Existing-Home Sales Surged 14.5% in February, Ending 12-Month Streak of Declines.” Throughout the day, stocks pushed higher and showed bullish tendencies...
News: On Monday, stocks moved away from all-out panic. After a flat open, stocks trended generally higher. And each of the major indexes closed solidly in the green… Markets appeared somewhat relieved that Central Banks and regulators are intervenin...