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July 7, 2024
Corrosion but the need to believe in something otherwise, youll miss out on amazing opportunities this market affords you and saw some play out even as the averages were not so hot. Those were well off the lows and i think we have a big problem here on wall street. Thats where im located right now, wall street but simply most people dont trust the market anymore they dont ceos. They dont trust individual companies. Just endless skepticism and little sincere belief. Im playing around a whole seri...
June 29, 2024
Categogory 5 and when he hit cu, the govevernment reports just 10 people have died. We will look at why many nations study cubas hurricane preparedness. According to one study, a person is 15 times as likely to be killed by hurricane in the United States as in cuba. And even though they were hard doctorsa spent over 750 and Health Professionals throughout the caribbean during the storm. Then to a storm of silencece. Catastrophicc flooding. The monumental floodingng a humanitarian disaster cocont...
June 29, 2024
Catetegory 5 and when he hit cu, the gogovernment reports just 10 people have died. We will look at why many nations study cubas hurricane preparedness. According to one study, a person is 15 times as likely to be killed by hurricane in the United States as in cuba. And even though they were hard doctorsa spent over 750 and Health Professionals throughout the caribbean during the storm. Then to a storm of silenence. Catastrophihic flooding. G. The monumental floodidingnd humanitarian disaster r ...
June 28, 2024
Points. Nasdaq advanced 4. 6 . The big story is that the industrials are stalling out here. Thats right. Theyre stalling out while the techs are head rot. What does that mean . You can easily interpret this action on an hour by hour basis, suggesting that we need to be worried about an economic slowdown. But i think that would be a mistake. To me the teches are roaring while the industrials languish, because investors keep gravitating toward the companies that have the most up site in the second...
June 28, 2024
In fact entirely for those three in the green. Look at spain there right now, or italy. They may be up, i believe. Ten year note yield had been hovering around 2. 2. Moved up a little bit yesterday. 2. 24 is where we are right now. On the ten year note yield. You can see crude oil also edging above 50 bucks. Thats important because it should produce some sort of movement in the stocks. It has not. Schlumberger, the Great American the Worldwide Service company is pretty much where it was give or ...
June 27, 2024
Down. But with this market, Collision Avoidance is king. And when we collide, we bounce back with alacrity, including today with the dow beginning 60 points, s p advancing, nasdaq climbing 0. 88 . A lot of action there. Let me give you some concrete examples of what could have happened but didnt. Lets comb the accidents that never occurred. First we need to parse some of the biggest fears being peddled by pessimistic prognosticators, perhaps designed to sow panic although the panic failed to mat...
June 27, 2024
Actually exist underneath the endless struggles in washington, dow dipping 42 points, s p advancing. 11 and the nasdaq advancing 3. 8 . The market shows that it loves tech in all of its forms and neither angry tweets by the president or angry speech in the house can all the stocks link with trumps real agenda. Tech is ascended because its got the organic growth that Institutional Investors love, but fabulous visibility that you the home gamer thrive on. I know we have been chatting all day about...
June 27, 2024
Points, nasdaq declined. 52 . For staters, lets stipulate that anything can change beginning tomorrow, when we have the official kickoff for earnings season as citi group and jpmorgan report their earnings. You have to understand that we have had many bullish moves over the market in the last 36 years, but every big move, every move that had really any impact, always had the bank as one of the major leadership groups, the banks are really the reason that the trump trade had such power. Jpmorgan ...
June 26, 2024
The advance saw big gains today and it didnt stop there. Technology shares, which have lagged the postelection runup also rose sharply. The Dow Jones Industrial average to 19,216. Its tenth record close since the election. The nasdaq was up 53, and the s p 500 was higher by 12. The current bull market is one of the longest in history, and instead of slowing down, it seems to have been reenergized. Mike santoli takes a closer look. Reporter the current bull market in stocks is old by historical s...
June 26, 2024
The advance saw big gains today and it didnt stop there. Technology shares, which have lagged the postelection runup also rose sharply. The Dow Jones Industrial average to 19,216. Its tenth record close since the election. The nasdaq was up 53, and the s p 500 was higher by 12. The current bull market is one of the longest in history, and instead of slowing down, it seems to have been reenergized. Mike santoli takes a closer look. Reporter the current bull market in stocks is old by historical s...