11/29/23 Dead at 99

News: Markets continued to move sideways on Tuesday.  The indexes closed mixed but tilted green… Life of a Legend In other news, legendary investor Charlie Munger died on Tuesday at the age of 99. Munger, born in Omaha, worked in Warren Buffett’s gra...

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Nov 29, 2023
11/28/23 You’re Bored, I’m Elated

News: On Monday, markets opened the new week with losses. Most stocks were red at the open, and the day’s trend was sideways. The indexes closed red and near flat… Sector Round Up The sectors failed to produce gains (or losses) of more than 1% for th...

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Nov 28, 2023
11/17/23 Risk-On in a Sideways Market

News: During Thursday’s session, markets moved generally sideways for a second day. Fuel prices are falling, and some lousy earnings had a cooling effect. The major indexes closed mixed… Several large caps stocks took a beating after disappointing ea...

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Nov 17, 2023
11/16/23 Too Much Too Fast

News: Markets posted another day of gains on Wednesday as PPI revealed falling prices for producers. Initially, the markets popped. But buyers gave way to selling pressure. The Nasdaq and S&P 500 trended lower through Wednesday’s session but stil...

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Nov 16, 2023
11/15/23 Inflation is Over

News: Markets soared on Tuesday after the latest CPI report revealed headline inflation has returned to a “normal” zone. Check out the 20-year chart… For reference, last month’s increase was +3.7%. The major indexes ended the session sharply higher…...

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Nov 15, 2023
11/14/23 Flat Open—Bears to Hibernate

News: Markets opened the final full week of trading in November on a flat note. The major indexes ended the session mixed and near flat… Sector Round Up The sectors generally reflected the indexes. 5 of the 11 ended Monday’s session higher. At the to...

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Nov 14, 2023
11/13/23 FOMO Is Back

News: On Friday, markets took back all of Thursday’s losses and then some. Every major index ended the session solidly green… The Wall Street Journal wrote, “FOMO in the stock market is back.” Sector Round Up All 11 sectors ended Friday’s session hig...

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Nov 13, 2023
11/10/23 Snapped!

News: On Thursday, the market posted modest declines. All win streaks were finally snapped. Each index finished lower… Sector Round Up All 11 sectors ended the session lower. Falling the least… At the bottom… Technicals:  The selling barely moved the...

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Nov 10, 2023
11/9/23 Buying Bitcoin

News: Wednesday was another mixed session on Wall Street The Nasdaq and S&P 500 extended their longest winning streak since November 2021. The others posted modest declines… Overnight, speculation about SEC-approval of one or more Bitcoin ETFs pu...

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Nov 09, 2023
11/8/23 Mark Your Calendars … Just 362 Days To Go

News: On Tuesday, markets opened marginally red. Buyers pounced and sent prices higher through the session, leading the main three indexes to another positive close. The Nasdaq and S&P 500 are now on their longest winning streak since November 20...

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Nov 08, 2023