Friday, September 22nd, 2017

GOOGLE is the biggest stock there is in the whole universe of stocks. It is an 800 ib Gorilla in the room. Biggest means the price numerator and its price action. The stock is a mover , it doesn’t stays quietly, it moves 10-15 points on a given day and unless you have the stomach […]

The market is making historic highs, the DOW is at the highest and now SPX is also challenging the 2007 highs set before the financial crisis of 2008 took hold of this country and the sheer devastation that took place. All those economic worries, those hard years and near death of the stock market is […]

Today’s non -horrible jobs report put the indexes back on the roll again. The non farm payrolls data was in line of expectations of 157,000 jobs which is what the market has been getting for the last three months. The last two months payroll numbers were also revised upwards. But the unemployment rate notched up […]

Today we some cracks in the market rally that has been grinding SPX higher since 2013. All major indexes finished lower towards the close of the day. First the GDP came in lower than expected and the US economy shrank 0.1 % for the first time in 3.5 years. This set a level of discomfort […]