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And well talk about that, whether the markets weary of chair yellen. Also, were expecting perfection. Anyway, when the bell rings in about an hour, thats when the action here might really heat up. At 4 00 p. M. , a new crucial rounds of Bank Stress Test results are due out. Well have that vital report on which banks made the grade and which did not, if any. And the financials have been very strong today, as they were yesterday. 18 of the s p 500. Jpmorgan is up like 6 this week. So expectations, if you want to put it this way, are pretty high. Well find out more in about an hour. Plus, nike re...

A precursor for the rest of the year. Heres the thing. A lot of people will look at us being down. Compare to it 2008 remember 2007 we also were lower on the s p 500 for the first day of the year. But through october of that year it looked great. Its what happened next that raised some eyebrows. We talk about the historical precedence but its just one day. Were not panicking yet. Maybe the dip buyers are still on vacation. For all of 2013 and 2012 the s p 500 was never under water. In other words, it climbed from where it opened a year ago. Well be under water on day one in 2014. We got that g...

And thats what we saw today when the market plummeted the Federal Reserve says it has to keep buying bonds because the economy is still not Strong Enough to generate enough jobs without Interest Rates staying lower than they might otherwise be. The stock markets retreat and the dow gave up 62 points. The s p dropped 4. 9 , and the nasdaq declined. 55 and can clearly be laid right at the feds feet. Thats because until the fed releases the down beat statement crafted after the monthly meeting the average is pretty much even keel and after a moments hesitation. The sellers sell, sell, sell. Overw...

Fortunes for your shareholders, even though you have oodles of cash in the bank, youre still unworthy in the eyes of some, and thats the story of apple which reported very good numbers after the close and after an initial dip, kind of hiccup, rallied nicely. Frankly, i think it should have been up even more given the strength of the Balance Sheet and the improvement in Gross Margins which is what i was looking for. On a day when the dow drifted lower, nasdaq declined. 08 . It was refreshing to see apple shake off the blues and power higher house of pleasure. In a huge afterhours swing as the c...

Job which is what happened today. With the dow roaring 206 points s p volted 103 points. I know plenty of team think all that matters is washington i think that all that mat is getting washington out of the picture which may be exactly what is happening now that compromises is in the air. Extending borrowing until february of next year and stop the Government Shutdown with agreement to Fund Operations million january 15. If we dissect this one day, one day in the life of the market, you can see what the stock world looks like when washington is not wrecking the economy. The good news i was up ...