Traders appear to be hedging Friday against what could be a catastrophic, costly hit on Florida by Irma this weekend. Financials hurt, Home Depot, Lowe’s gain.
Charts and numbers are what most financial advisors have on offer. But an investor’s keen observations and common sense often provide a better “tell” on stocks.
Bonds, financial stocks hit as Fed news, Trump-Schumer-Pelosi debt ceiling/Harvey relief deal leaves Hill GOP flummoxed. Irma approaches, Disney flops.
WASHINGTON, September 6, 2017 – No surprise. After a negative, volatile, post-Labor Day trade on Tuesday, Wednesday morning’s market opened nicely up. It remains up as of approximately 2:15 today and seems to be gaining speed on the upside as we write this, with all three major averages up between 0.35 and 0.4 percent. The ...
WASHINGTON, September 5, 2017 – As we’ve noted in our companion column, news of North Korea’s latest blatant act of nuclear one upsmanship has sent U.S. stocks into a swan dive Tuesday. Other market fundamentals, however, are still transfixed by one key question: How quickly all manner of energy companies with business in the Houston-Louisiana ...
Kim-chee hits the fan. Wall Street stock and bond traders do their own version of “duck and cover” as Tuesday risk-off selling blast damages market’s latest recovery attempt.
Following in the wake of failing Missouri State, Washington college pays twice the price for caving in to bat-wielding, Stalinist “student” thugs.
The ripple effect stemming from Hurricane Harvey and the massive destruction in and around Houston will strongly influence current and upcoming stock action.
Holiday trading mechanics, plus new settlement day rule to go into effect on September 5. The SEC is reducing the time it takes for stock trades to settle.
Stock markets are completely confused Monday as investors try to sort out losers and winners to emerge from Hurricane Harvey’s ongoing devastation.
From the decline of the Roman Catholic Church to Jihad things look bad. But there’s hope for Italians, Deplorable Cleveland Browns fans… and nutshots.
Race and hate all day, every day dominates this week’s news headlines. Plus, media madness, a win for Sheriff Joe and even more winning in the PayPal flap.
Barreling towards the Texas coast, Hurricane Harvey weather hype influencing stock trades Friday, could dominate pre-Labor Day action as well.
Wednesday slump blamed on Trump. But profit-taking, poor earnings news from Lowes and weak housing sales were the likely culprits.
Light trading saw Dow slightly up Monday, as solar eclipse gawking cut into volume. Bulls attempt a comeback Tuesday, but $NYMO still mired below zero.
McClellan Oscillator attempts to relieve oversold market conditions, but it’s not giving our own positions very much help this week. Then, there’s the Fed.
The annual August-September stock market has arrived with a vengeance in 2017. Individual investors try to circle the wagons and get through the next assault.
The market's down! It’s up! It’s down again! It’s Trump! It’s terrorism! It’s Cohn! It’s Bannon! Markets pause August correction, confusing bulls and bears alike.
Federal Reserve uncertainty, Barcelona terror attack – not Trump – plus weak August trading action likely behind markets’ sickening nosedive. We look at two trades.
Fed interest rate hesitation, relentlessly negative fake news barrage from secular and financial press, take toll on stocks in historically bad month of August.