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The major market indexes were down slightly as institutional investors sold off stocks
The major market indexes were down slightly as institutional investors sold off stocks in sectors most likely to be affected negatively by the recent and ongoing hurricanes. Otherwise there was little domestic or foreign activity (with North Korea quiet) last week to...
Stock price movements were again rather modest
The major market indexes reflected a slight upward bias for the second week, although stock price movements were again rather modest. This despite the effects of hurricane Harvey and disappointing employment numbers on Friday. Again not that much movement among...
Major indexes rose slightly after falling each of the past two weeks
Investor concerns diminished somewhat, and the major indexes rose slightly after falling each of the past two weeks. A very uneventful week, both domestically and internationally, to end the summer. Interesting to see what September will bring, as the “sell in May...
Institutional investors began a U.S. stock market rally the day after the Presidential election
Institutional investors began a U.S. stock market rally the day after the Presidential election on the anticipation that corporate and personal tax reforms would occur under the Trump administration. Those hopes have dimmed as the administration appears in disarray...
Another extremely erratic, volatile week.
Another extremely erratic, volatile week. Mounting concerns over North Korea caused some institutions to sell out of stocks, leading to widespread declines in prices, and more price spikes up and down occurred from corporate announcements that should not have been...
A volatile week in the midst of what is usually an uneventful summer week
A surprisingly very erratic, volatile week in the midst of what is usually an uneventful summer week. Media hype over “Dow 22,000!” and the major indexes finishing the week flat to up mask the fact that many stocks plunged in price – many by the largest amount of any...