Full Up

Full up.  Stocks slipped yesterday in a thinly traded session as traders just couldn’t keep their minds on the bull run.  No news and low volume gave profit takers the upper hand in stocks.   N O T E W O R T H Y   It’s that time of year.  Being that this is…

Penultimate

Penultimate.  Stocks were unchanged on Friday on light trading as markets rolled with the positive tide toward the year end. Low volume meant that traders could sit back and enjoy the last few sessions of the decade.   N O T E W O R T H Y   What’s hot, what’s not.  As we…

Boxed In!

Boxed in!  It was more holiday joy in yesterday’s Boxing Day session as stocks rallied to fresh highs on positive retail news and high hopes for a trade deal.  The legendary Santa Claus rally looks to notch another one for the record books.   N O T E W O R T H Y  …

Pax

Pax. Stocks posted a mixed close in a thinly traded and peaceful session on Christmas Eve day. The holiday spirit continues to keep the sellers at bay.   N O T E W O R T H Y   Simple and sweet.  Stocks have had an awesome year.  Remember last December 24th?  The Dow Jones Industrial…

Ho Ho Holding On!

Ho Ho Holding On!  Stocks extended their records yet further, trading up on good news from newly-friendly China. Boeing’s CEO took one for the team as his firing led to a rally in the stock, helping the Dow hold on to its record.   N O T E W O R T H Y  …

Getting *Stuff Done!

Getting *stuff done!  Stocks climbed to new highs again on Friday as lawmakers demonstrated that they can agree on at least some things. Year end cheer and no bad news paved the way for stock buying.   N O T E W O R T H Y   A tale of two quagmires.  Even if…

Eyes On the Ticker

Eyes on the ticker.  Traders laughed at the politicians yesterday taking stocks to record highs.  The Bulls continue to win in the battle between Republicans and Democrats.   N O T E W O R T H Y   Goldilocks.  Equity markets continue to defy the odds with the S&P500 hitting its 31st record close yesterday….

Rest Your Eyes

Rest your eyes.  Stocks took a break yesterday, snapping a five day winning streak, and traded down modestly.  It was a slow news day and investors took the opportunity to shop for gifts rather than stocks.   N O T E W O R T H Y   It’s about the economy, stupid.  Well, it…

The Big Buildup

The big buildup.  Stocks rose modestly yesterday on positive housing market news.  Unfortunately, not all companies have good stories to tell in the holiday season.   N O T E W O R T H Y   Swing the hammer.  Housing is one of those aggregates which is closely watched by economists and investors alike.  The…

Can’t Fight That Feeling

Can’t fight that feeling.  Stocks traded to new highs yesterday as traders gave the Phase One deal an encore.  The Eurozone applauded along with their American cousins finding new highs as well.   N O T E W O R T H Y   Brrrrrexit.  In yesterday’s note I wrote about the unknown, now kind-of-known factors…