by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
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...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
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...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
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...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
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...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
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...
by cowts_admin | Oct 19, 2018 | Stock Trader Weekly
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...
