The Market’s Fine….So Far

The worm hasn’t turned on the market yet. Granted some  sectors are showing bipolar behavior, but sectors always do their own thing anyway. Its always good to be defensive though when it the market keeps going sideways for too long. Consolidation can be good, but you just don’t know if its the prelude to what…

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More Flat Action

Dow: -33.07… Nasdaq: -5.49… S&P: -2.97.. U.S. stocks slipped Thursday, led lower for a second consecutive session by health-care shares. It was the third-lightest day of the year for trading volumes. Stocks have been locked in a narrow range ahead of the Federal Reserve’s annual meeting in Jackson Hole, Wyo., without much on the earnings…

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Give Me Some Epinephrine

The past 30 days have been the least volatile of any 30-day period in more than two decades. Only five days during the most recent stretch saw the S&P 500 move by more than 0.5% in either direction, the lowest since the fall of 1995. I find myself refreshing my screens, because sometimes throughout the…

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Energy Is Back In Play

Dow: +23.76… Nasdaq: +11.49… S&P: +4.80… With crude oil approaching 50 bucks again its natural to see energy stocks get put back in play.  As you can see in the chart above, the energy sector broke above their early June highs today. We have ECA, DVN and WPX and they all had great days. In…

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Stocks Drift Higher On Fed Minutes

Dow: +21.92… Nasdaq: +1.55… S&P: +4.07… U.S. stocks ticked higher after the Federal Reserve released minutes from its July meeting that shed little light on when the central bank could next raise interest rates. The minutes, along with the July statement, suggested while a rate increase as early as September is a possibility, the Fed…

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