Found 206 Articles.
Markets have been uncharacteristically quiet over the past couple of weeks, as the summer slowdown seems to have stopped the latest rally in its tracks. After a big jump higher following the June Brexit vote in which U.K. citizens chose to leave the European Union, stocks have largely stalled… albeit near their all-time highs. Now […]
Stocks here in the United States are doing well. Although the market has stalled a bit over the past couple of days, we’ve seen a remarkable run higher after the “Brexit” vote in which U.K. citizens chose to leave the European Union. That ascent has pushed the Dow and S&P 500 to new respective all-time […]
You can’t keep a good man down, and when it comes to the bulls in this market — you can’t keep them down, either. In fact, since the post-Brexit lows on June 27, stocks have surged more than 6%. Along the way, the Dow Jones Industrial Average and the S&P 500 Index have racked up […]
The equity bulls woke up to 287,000 reasons to smile Friday, as the much-stronger-than-expected June jobs report was just right. The strength of the monthly non-farm payrolls print was in stark contrast to the May report, which actually was revised lower to reflect just 11,000 new jobs created. The rebound this month in the employment […]
I’m about to start celebrating one of my favorite holidays. But before we dig into the subject of the day, I’d like to wish you and yours a very happy Fourth of July. With all of the global unrest, terror threats, economic uncertainties, etc., we have to deal with, it’s important to remember just how […]
By now, I suspect that the whole world is aware that the citizens of the United Kingdom voted to reject the rule of the elites at the European Union (EU) by opting for a “Brexit.” The surprising outcome of the U.K. referendum represents a strong stance in favor of populism, nationalism and self-determination. But for […]
It has been a rough and volatile week for the equity markets as a bevy of growing concerns has set investors on edge. Some of those concerns are macro, including next week’s referendum in the United Kingdom over whether there will be a “Brexit,” i.e. whether Great Britain will exit the European Union. A Brexit […]
Stocks gave back a little ground Friday, but for the week the major averages are just about flat. More importantly, the recent trend over the past several weeks in markets has been a slow grind higher. That push to the upside now has brought equities back toward all-time highs. Though the major averages continue to […]
A May Jobs Whiff, So Now What? It doesn’t get much uglier than the May jobs report, especially if you were like most on Wall Street and were hoping to see some 160,000 net new jobs created during the prior month. Well, the economy only generated 38,000 new non-farm payroll jobs… and that, my friend, […]
If, at the end of April, you would have told me stocks would now be knocking on the door of new 52-week highs, I might have looked at you with more than a slightly skeptical eye. Yet that’s what’s happened over the past several weeks, as stocks have pushed higher in the face of a […]
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