by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Major indexes rose ever so slightly after passage and signing of the favorable tax reform bill – much of the upward price movement had already occurred in prior weeks, on anticipation. Otherwise, a slow week for stocks, typical for the pre-holiday. With one final...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Major indexes rose to new weekly highs, an indication that nothing is as important to institutional investors as progress on tax reform, which occurred during the week. Also encouraging was central bank actions and surprisingly robust retail sales. The Fed rate hike...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
A very quiet week, as prices of many stocks barely budged, implying an equal number of buyers and sellers. This suggests the usual end-of-year tug-of-war between cautious investors taking their profits (but incurring capital gains) and other more aggressive investors...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
Stock prices, with the exception of tech stocks, rose again on institutional investor optimism that tax reform was moving closer to reality. Now that the Senate passed a bill over the weekend, will be interesting to see how much more of a rally occurs in December. ...
