News: Yesterday markets gapped down about 1% after Target (TGT) announced it expected a short-term profit hit while it liquidated unwanted inventory. Image by George Frey from Getty Images That news did manage to hold the Consumer Discretionary secto...
News: Markets finished Monday slightly higher. Major indexes gained as much as 2% intraday but ended well off their highs closing up less than 0.5% each. Consumer Discretionary and Materials were the day’s top performers while Energy and Real Estate...
News: On Friday, markets ended the week on a low note. The Nasdaq fell 2.5% dragging all indexes into negative territory for the week. The energy sector was the only sector to finish the day in the green. May’s employment report showed solid job grow...
News: Yesterday markets closed at their highs with the Nasdaq in the lead gaining 2.7%. The Dow brought up the rear with a gain of 1.3%. OPEC+, a group of 24 small oil-producing countries, announced it would increase oil output faster than earlier ag...
News: Yesterday the market finished another choppy session in the red. All four indexes closed down between 0.5% and 0.7%. 10 of the 11 sectors closed red also. The lone holdout was energy, the top sector for 2022 so far. The stock of the day was Sal...
News: Yesterday, markets began the day by falling about 1.5% in the first hour of trading. But by the end of the day, the three major indexes had all touched positive territory before settling near a 0.5% loss. The Russell 2000 underperformed, fallin...
The Federal Reserve is often referred to as simply “The Fed.” It is the central bank of the United States of America. It is the second central banking system the nation has had. The first, The Bank of the United States, was established under Alexande...
News: Markets snapped an 8-week losing streak at the close on Friday. Weekly gains for the major indexes came in extremely bullish between 6-7% each. Technology and Consumer Discretionary were the day’s and week’s top sectors. The top headline was on...
Good morning. On this Memorial Day, I’m sharing the words of my dear friend John who I served with in combat a lifetime ago. His words have been lightly edited for clarity and flow. “People often ask me, ‘Do you think we should be there?’ ‘Did you...
News: Markets posted another day of solid gains ranging from +2.8% for the Nasdaq to +1.6% for the Dow Jones. Consumer Discretionary was the top-performing sector. Several retailer, including Macy’s (M) +19.3%, Dollar General (DG) +14.0%, Dollar Tre...
