A Trick Or More Upside Treats?

A Trick Or More Upside Treats?

Despite being red on Halloween, October closed with the first monthly gain since July. Will the rally continue to treat investors to sweet gains or just another bear market rally trick? Let’s go to the tape. Clearly, the August through...
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Hot Commodities?

News broke last Friday that the Federal Reserve might consider “pausing” rate hikes. The new tone emanating from the Central Bank mobilized bulls and sent stock prices higher in a hurry. Unfortunately, soft earnings news from Microsoft, Facebook, and Googl...
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The Fed And Stocks About-Face

It sure looks like Wall Street wants to take stocks up. The NASDAQ pivoted higher after setting a 52-week low, sold off after the initial rush higher, and then the index lifted again with a higher low. Higher cycle lows...
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This O Could Be Ready To Go

It’s like that saying from the movie Jaws, just when you think it’s safe to go in the water (key, ominous foreshadowing background music: dunt, dunt, dunt, dunt….) Since the beginning of August, every time Wall Street water seems to...
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No Matter The Change, It’s Still The Same

Up and down in chunks; one day the sky is falling and the next it is all allergen-free flowers and sunshine. Such is the state of the stock market right now. From experience, love you, love-you not volatile swings from...
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Nowhere To Hide, Might As Well Get Paid To Wait

We looked everywhere and around every correlation corner we could think of, desperately trying to find an investment safe place. But there is no place to hide, nothing is doing well. If investors aren’t careful, they could lose more money...
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Full Name Trouble For Stocks

If not for a late afternoon rally, the NASDAQ would have been in full name technical trouble. What’s full name trouble? I don’t know about you, but when I was a kid, heat was coming when mom went, “Richard” get...
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Walgreens’ Earnings To Save The Day?

Third quarter earnings season begins next week. A few, but not all, names worth watching include PepsiCo, Inc. (PEP), Walgreens Boots Alliance, Inc. (WBA), Citigroup Inc. (C) and Delta Air Lines, Inc. (DAL). The quartet should help investors and Wall...
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Double Bottom But…

It’s a good thing stocks rebounded to start October trading; otherwise, it might have been catastrophic. The NASDAQ finished up September with a 52-week closing low but managed to stay within a whisker of its 52-week intraday low of 10,565.14....
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