1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. The Market Gets ‘Bullarded’ – The market weathered hot inflation as expected. Although it rebounded sharply, it then got ‘Bullarded.’ – Bullard barks regarding the possibility of a 50-base-point rate hike. – The Consumer Price Index (CPI) is a bit hotter, and the […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. Meta Fouls the Plugs – Alphabet (NASDAQ: GOOG) sparked more upside and Meta (NASDAQ: FB) fouled the plugs. Will Amazon (NASDAQ: AMZN) swing the pendulum again? – Earnings are key. Jobs are as well. What is Chairman Powell to do? – Institute for […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. Another Upside Move Flips – Another upside move flips as stocks still cannot find traction. – Q4 gross domestic product (GDP) growth almost hit 7%, but that is all in the past, at least for stocks. – Stocks cannot come to grips with […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. A Second Premarket Rally Reverses to a Rout – For a second time, the premarket session showed a rally that was sold during the regular session. – Long uptrends fight to stay alive as optimism tries to remain … optimistic. – Sharp dives […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. A Very Hot Producer Price Index (PPI) Shows Some Cooling as Well – The Producer Price Index (PPI) was very hot but showed some cooling as well. – Stocks jumped on the PPI, but then big-cap growth stocks and the S&P 500 rolled […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. A Mixed Start and a Mixed Finish – We saw a mixed start and a mixed finish, but stock leaders flipped from the premarket to the regular session. – Small-cap growth stocks and chips have posted gains, while the DJ30 faded modestly. Some […]
1. Market Summary Excerpted from Wednesday’s paid content of Investment House Daily due to the New Year’s Day holiday. A Pause Leads to Some Bids – The pause on Tuesday has led to some bids, as the indices hold their positions. – We are seeing darn solid action, constructive action, in many of the growth […]
1. Market Summary Excerpted from Wednesday’s paid content of Investment House Daily due to the Christmas holiday. The Rebound Rally Continues – The rebound rally continues for a second session, with nice low-to-high action. – Gross domestic product (GDP) edges higher. – Consumer confidence moves higher, and while existing home sales are lower, they are […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. Housing Starts Surge – Wednesday’s growth buy was sold on Thursday. – Housing starts surge, but the Philly Fed falls. Production moves higher, but Markit Purchasing Managers’ Index (PMI) moves lower. – Indices hold the recent lows and are at a mightily thin […]
1. Market Summary Excerpted from Thursday’s paid content of Investment House Daily. Chips Drop Harder – The big-cap NYSE stocks are fine, but growth stocks took a beating. – Chips drop harder, even as some big names still look very good. – Jobless claims fall to five-decade lows, but… – The rotation attempt stalls out […]
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