Market Continues its March as Tax Plan Vote Nears

by | Dec 19, 2017

We continue to see buyers jump into the market as people cheer on the GOP tax plan. The Dow hit its 70th all-time high on Monday besting 1995’s year of 69 new all-time highs. This is not a bearish indicator and while we could experience a pause ultimately all these...

Central Bank Hikes Rates; Stocks hit more All-Time Highs

by | Dec 14, 2017

As expected the Federal Reserve Bank of the United States of America raised its benchmark rate another quarter point. Volume on the exchanges were mixed with volume on the NYSE was slightly lower as the NASDAQ saw volume inch higher. The Dow continues its monster run,...

NASDAQ Squeaks out Gain; Dow and S&P 500 Lower

by | Dec 7, 2017

Aside from the extraordinary rise in the price of Bitcoin stocks continue to slosh around. Indexes are holding their respective 50-day moving averages which is a good sign. Volume is on track to end the week higher as the market stirs around these levels. The Yield...

Indexes Bifurcate; Stocks Lose Morning Gains

by | Dec 5, 2017

News over the weekend the Senate had passed their version of the tax bill sent stocks higher. Financials were big winners on the session. Higher rates and more money in customers’ pockets would certainly be a big win for the group. Volume was higher across the board...

November Closes with Huge Move by the Dow; Tax Cuts Eyed

by | Dec 1, 2017

Powered by financials the Dow moved more than 300 points on Thursday. The blue chip, price-weighted index hit another all-time high. Hopes of a tax cut helped fuel the move along with higher yields as Bond Yields moved higher. The next Federal Reserve meeting is in...