Blog

Institutional investors continued to take profits in many tech stocks, selling at highs, thus driving down the Nasdaq Composite Index for a second week.  This may simply reflect typical seasonal behavior or could be a pre-emptive response to information/forecasts they...

Market movement was mixed, with industrial stocks rising to move the DowJones Industrials Index upward, but tech stocks selling off to leave the Nasdaq Composite and S&P500 Indexes lower.  This is June after all, so not surprising that market momentum has stalled,...

Market bias continued upward, after some encouraging mid-week economic reports and despite Friday’s offsetting poor employment report.  Institutions took the sum of these reports as an indication of modest economic growth without danger of rapid inflation, a positive...

Another week in which there was no major news event, economic report or earnings announcement to trigger any significant movement in the U.S. stock market.  Market bias remained upward as institutional investors continued to “buy the dip” as they did the week before,...

After a dramatic sell-off Wednesday by some institutional investors on perceived “Trump trouble”, other institutional investors brushed off those concerns and reacted by “buying the dip” on Thursday and Friday, so the major indexes ended the week rather neutral. A...

A relatively flat week for the U.S. stock market after the French election turned out as expected and concerns over a French exit from the EU were quelled.  Most stocks were quiet, with the exception of retail stocks, which fell dramatically as institutional investors...