Stock Market Commentary: Stocks rallied sharply on Tuesday as oil bounced and investors moved money into a slew of big cap glamour stocks. Amazon.com (AMZN) and Alphabet (GOOGL) broke out to new highs and have enjoyed very strong gains in 2015. On the economic front, the S&P Case-Shiller index rose by 0.9%, beating estimates for a…
We were asked a couple of very good question by Neil Cavuto on Monday. We were simply asked whether it is possible that the 70% of the market that’s been bearish can turn back up and get the markets going again. We are all for it. Anything is possible especially when you’re dealing with maniacal central…
Stock Market Overview: As of this writing (6:08am), U.S. stock futures are up as investors wait for the latest reading from the housing market (S&P Case-Shiller Index 9am EST) and from the U.S. Consumer (Consumer Confidence 10 am EST). Oil prices are up a little as it bounces from Monday’s nearly -4% shellacking. Remember this is…
Stock Market Commentary: Stocks fell on Monday as concerns regarding the global economy resurfaced. Oil prices slid over 3% after jumping 9% last week. Meanwhile, Natural Gas prices vaulted nearly 10% on Monday as a cold weather is expected to hit most of the country. The fact that energy prices are trading like penny stocks (huge…
Just because they tell you so, doesn’t mean it is so. Understand the agenda! “The Arctic Ocean is warming up, icebergs are growing scarcer and in some places the seals are finding the water too hot, according to a report to the Commerce Department yesterday from Consulate, at Bergen , Norway Reports from fishermen, seal…
Source: http://www.dailymail.co.uk/news/article-3375975/NYC-fit-micro-apartments-housing-picture.html
We would love to give you some massive changes in market thought as we head into the last week of trading…but in bad English…we ain’t got none! All that happened last week in the 3 day romp back up was that the worst areas of the market, which were ridiculously oversold, has a good rally/bounce….
Stock Market Overview: As of this writing (6:15am), U.S. stock futures are down as we begin the final trading week of the year. Oil prices which jumped sharply last week are down again this morning and the media is suggesting that’s the reason our futures are down. Remember this is the last week of the year…
Stock Market Overview: As of this writing (6:05am), U.S. stock futures are relatively flat to slightly mixed as stocks pause to digest the week-long pre holiday bounce. Stocks are closing early on today (1pm EST) and will be closed on Friday for Christmas. Gary’s Thoughts: Why is the market even open today? Why even have a…
Stock Market Commentary: Stocks ended higher on Wednesday as investors digested a slew of economic data and the week-long pre-holiday rally continued. Durable goods orders were flat (unchanged) in November, beating estimates for a decline of -0.5%. U.S. personal income increased by 0.3% beating estimates for a gain of 0.2%. In the 12 months through November, the…
