Dow Snaps 9-Session Winning Streak

Dow -79.24 at 18515.79, Nasdaq -16.03 at 5073.90, S&P-7.92 at 2165.10 Dow Jones +6.3% YTD Russell 2000 +6.0% YTD S&P 500 +5.9% YTD Nasdaq Composite +1.3% YTD Energy stocks fell 0.9% in the S&P 500. U.S. crude dropped 2.2% to $44.75 a barrel as a glut of gasoline began to weigh on prices. The move brought […]

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Consolidating

Earnings are starting to kick in a little faster here. NFLX disappointed after the close and is down about 15% so far in after market trading.  Keep in mind that earnings for this quarter should be down about 5%, following  -7.5% last quarter. Here is a look at key earnings tomorrow before the open. The […]

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Getting Slightly Stretched Here

Dow +134.22 at 18506.34, Nasdaq +28.33 at 5034.06, S&P+11.31 at 2163.73 The market jumped at the start of the session, trading higher alongside an extended rally in global markets. The Bank of England helped support recent bullishness when  members indicated that the central bank was likely to provide further policy stimulus next month. The Bank […]

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Very Flat Digestion Day

Today was a consolidation day for the bulls. The SPX was +0.01%, so it doesn’t get much flatter than that, so there’s not a whole lot to cover tonight. I sold 1/3 YRD today for a very quick 17% and I am letting the rest ride for now. I also added ARLP as a long […]

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Dart Meet Board

“You don’t need a weatherman to know which way the wind blows”-Dylan Its that special time again where you can get blind drunk, cover one eye and throw darts backwards and hit bulls eyes.  Animal spirits are alive and well it appears. The Dutch are seeing yields at five hundred year lows and the Germans […]

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What a Day

Dow +120.74 at 18347.67, Nasdaq +34.18 at 5022.82, S&P+14.98 at 2152.14 Stocks began the day on a higher note, responding to a continued rebound in overseas markets. Japan’s Nikkei (+2.5%) paced the rebound after Prime Minister Shinzo Abe announced a potential stimulus package could total JPY10 trillion, ( that’s with a T). Separately, the Bank […]

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