Small Caps Steal the Show!
The large indexes recorded gains yesterday in an attempt to extend the upswing that began on May 3rd. For most of the trading day, stocks oscillated between positive and negative territory, but more than anything, succeeded in trending upwards, closing close to the...Inflation Numbers Hit Sweet Spot!
May 11, 2018. It was a confluence of factors yesterday that sent all major indexes higher: inflation numbers came out just right – and tech stocks rallied! It was a winning combination for the market. If prices rise too quickly, then the Fed needs to hike rates; if...Oil and Markets Climb on Middle East Tension
The story of the day yesterday was oil. With Trump backing out of the nuclear deal with Iran, the commodity received a new catalyst, not to mention renewed Middle East tensions. Thursday morning, the black gold rode the wave of military action in Syria and the...Promises Need to be Fulfilled
As President Trump promised, the United States has exited its failed nuclear agreement with Iran, imposing on it new and far-reaching sanctions. Iran will now try to turn to diplomatic channels and see whether it will tenable for it to uphold the agreement reached in...Trump Douses Market with News of Iran Decision
On the face of it, the market recorded an excellent day but that masks some of the intraday movement. Trump’s announcement that a decision on Iran was impending, though, doused the market with cold war, leading it to backtrack after energy shares took a hit. The...Warren Buffet’s Magic Wand!
Only a week ago, the market encountered a period of great difficulty, in large part caused by concern that smartphone demand was on the wane. Expectations had Apple (AAPL) releasing weak numbers and cutting its forecasts. In fact, a number of suppliers for Apple...
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