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Institutional investors continue to buy in spite of any negative economic/political news
Two of the three major market indexes rose again, on continued buying by institutional investors in the absence of any negative economic/political news. Our particular stocks are not necessarily correlated to the broad market, as many of our stocks trended down last...
Investors continued buying stocks, encouraged by Trump’s proposed tax reforms
The upward bias in stock prices continued because institutional investors continued buying stocks, encouraged that Trump’s proposed tax reforms moved a step closer to reality with release of a new House bill. Even declines on Friday due to a surprisingly weak...
The slightly upward market bias of recent weeks continued, albeit barely
Absent a major economic or political development, the slightly upward market bias of recent weeks continued, albeit barely. Remarks from the Federal Reserve indicated more minor interest rate increases are coming, which lifted bank stocks (most NYSE-listed) and hurt...
The major market indexes again rose slightly, on continued buying by institutional investors
The major market indexes again rose slightly, on continued buying by institutional investors in the absence of any negative economic/political news. Our particular stocks were a mix of ups and downs, however, a reminder that our stocks are not all necessarily...
Upward market bias of recent weeks continued on release of tax reform plans
Upward market bias of recent weeks continued on release of tax reform plans by the Trump administration, something institutional investors have been waiting on since November. Also helping was comments by the Fed that inflation is tracking lower than anticipated and...
Institutions investors are still finding U.S. stocks to be a good value
The major market indexes headed back up on a “relief rally” sparked by institutions buying stocks after Hurricane Irma damage turned out to be less severe than expected and also after worldwide reaction to another North Korea missile launch did not escalate. This...