Blog

Summer market lethargy is at its peak, and with no significant international or domestic news event to move markets significantly the Nasdaq Composite and S&P500 Indexes finished flat.  Not that there aren’t some stocks moving up or down, just not as many this...

Two of three major stock market indexes continued upward modestly (the DowJones Industrials fell) as buying by institutional investors persisted throughout the week, given there was no significant international or domestic news event to cause concern. Among our stocks...

Major stock market indexes moved upward after institutional investors began buying stocks again, encouraged by statements from the Fed on Wednesday – which indicated future interest rate hikes would likely be fewer in number and the total rate increase smaller than...

A thoroughly uneventful, abbreviated mid-summer week suddenly ended on an upward bias as Friday’s surprisingly good employment report triggered some buying – extending the weekly down-up-down-up market trading pattern a fourth week.  Stocks again unable to budge much...

Halfway through the year the major indexes are about where they were in mid-April (mid-Feb for the Dow Industrials) – not much movement since then, just range-bound choppiness.  That was apparent again last week as the down-up-down weekly pattern continued.  Seeing...

Overall another dull summer week for the U.S. stock market.  Some tech stocks rallied a bit from recent selloffs, raising the Nasdaq Composite Index, but the Dow and S&P500 were little changed.  Just not enough conviction in either direction from enough...