Markets ended the first week of December with a bang, rallying for the seventh straight week, though the Nasdaq gave in to selling pressure and closed slightly down. Investors used…
After a choppy October, November was a very good month for stocks. Falling oil prices, new moves by central banks, and solid domestic fundamentals gave both the Dow and the…
Markets ended a sluggish week of trading slightly up, notching another record close for the S&P 500. For the week, the S&P 500 gained 0.39%, the Dow grew 0.35%, and…
I mentioned on CNBC this past Friday that the Wall Street saying still persists….”Stocks take an escalator up (meaning a little at a time), and then take an elevator down.”…
Investors took advantage of a data-heavy week as the major averages rallied strongly, raising the Dow and the S&P 500 to new records. Upbeat economic reports and fresh hope for…
After several weeks of dismal performance, equities shook off their worries and rallied enthusiastically on solid quarterly earnings giving the S&P 500 its biggest weekly gain of the year. For…
There is an old Wall Street saying; “stocks go up on an escalator and come down on an elevator.” I think this market resembles how stocks went up a little…
Concerns about global growth caused markets to hit the brakes last week in a cloud of smoke and volatility, giving the S&P 500 and Nasdaq their worst week since May…
Stocks ended where they started at the beginning of this quarter even after some market stumbles in recent weeks that erased earlier gains. The choppy action continues with neither the…
I mentioned to a national audience on CNBC Closing Bell that I believe we are in a “stealth correction” (which later appeared on CNBC web site as the segment’s “topic”)…