Hello! Here’s what’s happening in the market today… News: The December jobs report comes out at 8:30 a.m. Eastern. Initiations are unemployment is low and jobs are rising. The most notable market movers this morning are the meme stocks… GameStop Corp...
Hello! Here’s what’s happening in the market today… News: When the Fed speaks the market tends to rally. But when the market reads what the Fed has written it doesn’t always come out as well. Yesterday the FOMC released its minutes from December. In...
Hello! Here’s what’s happening in the market today… News: The “Santa Rally” ended yesterday, the S&P 500 gained 1.4%, the average return in 1.3%. Now all eyes are on the auto industry… Toyota Motor Corporation (TM) has overtaken General Motors Co...
Hello! Here’s what’s happening in the market today… News: Apple Inc. (AAPL) reached a market cap of $3 trillion yesterday. The first publicly-traded company to do so. Meanwhile, the original WallStreetBets stock, Tesla, Inc. (TSLA), rocketed nearly 1...
Hello! Here’s what’s happening in the market today… News: The S&P 500 closed out the year up more than 25% and while every index posted better than average returns the SPY was by far the winner. This is despite headlines about bear markets, the d...
Market Notes: The indexes dipped slightly yesterday and futures are pointing towards a red open today. I’m not reading too much into the selling. Market’s have shown weakness on the final day of the year for the past two decades … It’s the final chan...
Happy New Year! Time for my 2022 Market Outlook I wanted to explain what I’m expecting in the new year. And tell you about a top resource I believe all traders should have. I often include notes in my daily newsletter about the historical averages. T...
Market Notes: Only two trading days left in the year, and the S&P 500 is trading near record-high levels. The media might want you to be scared of inflation and Omicron, but the market is showing no fear as it punches into the new year. Yesterday...
Market Notes: Omicron is raging across the country setting news cases totals even in highly vaccinated areas. However, this time the hospitalization and death rates are coming in much lower. This trend is putting wind in the sails of the bulls. As lo...
Market Notes: The “Santa Rally” is a seven-day period that started yesterday, in which the S&P 500’s average return is 1.3%. Yesterday the index surged 1.4% and closed at a new record high. Almost every indicator I’m seeing this morning is bullis...