11/7/23 Prepare for Pullback

News: On Monday, markets opened the first full week of November with some caution. The indexes opened green and closed green but made no significant moves. A look under the surface revealed little appetite for buying. Of all listed stocks… Sector Rou...

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Nov 07, 2023
11/6/23 Jobs, Korea, Earnings Ahead

News: On Friday, the latest jobs report came up short of projections, and the market loved it. The US Economy added just 150,000 jobs in October. Manufacturing was dragged down by the UAW strike. Weak jobs data gave the markets more reason to believe...

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Nov 06, 2023
11/3/23 It’s a Bull Market You Know

News: Markets soared during Thursday’s session. A whopping 82% of all listed stocks closed the day with gains. Table from Finviz The indexes closed at their session highs, yet again… The gains come on the heels of the latest FOMC decision. The Fed is...

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Nov 03, 2023
11/2/23 No News is Good News

News: Markets opened near flat on Wednesday with marginal gains.  Price action was mostly sideways through the morning—the bulls had a stronger than the bears. In the afternoon, the Fed announced unchanged interest rates, and Powell talked but said l...

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Nov 02, 2023
11/1/23 Hello November!

News: Markets opened red on Halloween but that didn’t spook buyers. Priced moved higher throughout Tuesday’s session and closed with a second day of gains. The indexes closed at their session highs… Sector Round Up All 11 sectors were green for a sec...

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Nov 01, 2023
10/31/23 The Month You Want to Be Over

News: Markets open the week on an upbeat note. Buyers showed up in droves to scoop up stocks at lower prices. After a choppy start, stocks advanced steadily throughout the session.  The indexes closed green and near their session highs… Sector Round...

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Oct 31, 2023
10/30/23 Inflation In Check, Fed Meeting Ahead

News: On Friday, markets digested the latest PCE inflation numbers. There were no major surprises in the report. Prices rose in line with previous months and expectations… The indexes closed mixed but favored the bears… The Nasdaq was propped up by A...

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Oct 30, 2023
10/27/23 GDP Higher, Tech Stocks Lower

News: Thursday’s trading session was met with seemingly positive news.  The U.S. economy grew at a pace of 4.9%, according to the advance estimate from the BEA. Forecasters projected growth of just 0.6% on average. A booming economy didn’t inspire bu...

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Oct 27, 2023
10/26/23 Tanking Tech

News: Tech giants Microsoft and Alphabet reported earnings after Tuesday’s close. The results pulled the market in separate directions on Wednesday. Risk-on stocks got clobbered during Wednesday’s session.  The indexes all closed with losses. The Nas...

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Oct 26, 2023
10/25/23 Turning Tides

News: Markets moved higher on Tuesday after skirting oversold conditions on Monday. The indexes opened green and stayed in positive territory all day. Then closed with modest gains… The positive close broke 4-day and 5-day losing streaks for the Dow...

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Oct 25, 2023