News: After a wild ride, with intraday swings of +1% to -2%, the top three indexes closed near flat. The Russell 2000 closed up 1.2% and the communications sector, which has been the worst performer for weeks, was the best performer. This is known as...

News: Yesterday was another dismal day on Wall Street. The Nasdaq gave up over 3% again. CPI inflation data came in hot. On average prices are 8.3% higher than this time a year ago. While the headlines talked up the latest data there was nothing new...

When Bulls attack, they thrust their horns up. When Bears attack, they swat down. So when the prices in financial markets rise, it’s called bullish. And when the prices decline, it’s called bearish. That’s it. Keep reading if you want some of the flu...

News: It was a choppy day on Wall Street as indexes swung from +2% to -2%. The Nasdaq was up 1% at the close while the other indexes traded near flat. The biggest loser award goes to Upstart (UPST) which declines -56% on the day after disappointing e...

News: The sell-off continued yesterday. The Nasdaq and Russell 2000 declined more than 4% each. Every major index made a new 52-week low. Energy, the last hot industry, was the worst performer, falling about 8% as oil fell but held above $100/barrel....

News: Last week we welcomed May and the beginning of the worst six months. The Fed upped interest rates by 0.5%, as expected. It also dismissed the possibility of sharper rate hikes in the near future. Jobs numbers we generally positive. New jobs are...

Here’s what a typical buyout looks like on a stock chart… Typically after a deal‘s announced, the stock price jumps to the buyout price. Then it continues to trade in a tight range near that price until the deal is complete. And here’s Twitter’s (TWT...

News: Wednesday’s post-FOMC rally was wiped out in the first hour of trading. Yesterday the markets resumed their freefall, the Nasdaq was the worst performer declining 5%. Earning losers got hit the hardest. Most notably, Wayfair (W) lost 26% and Et...

News: Yesterday the Fed announced a 0.5% increase in short-term interest rates. The decision was unanimous. It is the biggest single rate hike since 2000. Inflation, I need not remind you, it at a 40-year high. The Fed also plans to begin reducing it...

News: Markets moved sideways yesterday as the Fed began its two-day FOMC meeting. At the close, all of the indexes were in positive territory. The Russell 2000 led the way with a gain of 0.8%. Earnings reports continue to pour. Some positive like Adv...