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As the market continues to trudge higher, I continue to hear comments that there must be something wrong with the market. How can the market move higher in the face of the continuing crises this country faces (virus, race relations, upcoming election)? I am always pleased to take the time to respond to such questions, [...]
Market action on Friday saw muted gains for most domestic equity indices, but those gains did cause the Bullish Percent for the NYSE (BPNYSE) to reverse back up into a column of Xs at 58%. As a refresher, this indicator measures the percentage of stocks in the NYSE that are trading on a current point [...]
It may be hard to believe, but the "dog days" of summer are upon us, and we are just a day away from the official halfway point of 2020. What a second quarter it has been!! The best for the Dow since 1987… the year I started in the investment advice business at the young [...]
As we head toward the July 4th holiday, the news media continues to blare out a mixed bag of headlines. One day viral infections are surging and the market is plunging; the next day, things are perhaps getting better and the market is surging. The news media is always looking for a story to support [...]
