Picks of the Day November 22, 2017

Magical Stardust Enshrouds Wall Street! The conditions were ripe for holiday trading yesterday but few expected the movement to be as strong as it was. All of the major indexes jumped to new historic highs, the number of stocks trading at new highs jumped past 500,...

Picks of the Day November 21, 2017

Thanksgiving Week off to Good Start! Stocks opened the shortened trading week on Wall Street yesterday with gains, Verizon (VZ) rallying and pushing the communication sector up after its stock received an upgrade. Simultaneously, a large acquisition deal in the chip...

Weekly Review 20-24.11.2017

Thanksgiving Week Last week began with 3 gap downs which immediately prompted correction buyers to jump in and prevent the prospect of any real negative momentum developing. The number of stocks trading at a new low rose past those trading at new highs, indexes ending...

Picks of the Day November 14,2017

Mattel Lifts Market Despite GE Plunge What a day for GE! The stock plunged 7%, the company CEO, John Flannery, hoping to fan optimism and getting nothing less than the exact opposite. Flannery announced a company reorganization aimed at streamlining the...

Picks of the Day November 13,2017

“The Market’s Gotta Drop” is Not a Trading Strategy! If the “market’s gotta drop” was a valid trading strategy, it would seem that one should have gone short on the market a long time ago. The S&P 500 and the Dow Jones have...

Weekly Review 13-17.11.2017

Weekly Review 13-17.11.2017 “The Market’s Gotta Drop” Just Aint Working! If the “market’s gotta drop” was a valid trading strategy, it would seem that one should have gone short on the market a long time ago. The S&P 500 and...

Picks of the Day November 9,2017

Will Senate Gut House’s Tax Cut? Stocks on Wall Street fell yesterday in the face of pressure from losses in Microsoft (MSFT) and other tech stocks. Another driver behind the day’s losses was investors’ response to the Republican controlled...