August 22, 2017 | Daily JAM, Morning Briefing |
Lots of folks out this morning trying to explain why U.S. stocks are up so strongly today after Thursday’s thrashing and two lackluster trading session on Friday and Monday. One explanation I’m hearing a lot is that President Donald Trump sounded “more” presidential in last night’s speech laying out his secret plan for continuing the war in Afghanistan. Another explanation that I’m hearing is that there are rumors of progress in Washington on the Republican tax plan. To which I say, Please… It’s August when lighter trading volumes magnify every wrinkle into the Rockies. The most likely reason that the market is up today is that it was down on Thursday and today the buy the dip trades that didn’t work on Friday and Monday are back on.
August 1, 2017 | Daily JAM, Stock Alerts |
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July 31, 2017 | AMZN, Daily JAM, FB, Morning Briefing, Short Term, Volatility, You Might Have Missed |
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July 26, 2017 | Daily JAM, Notes You Need |
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July 24, 2017 | Daily JAM, Short Term |
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July 23, 2017 | Daily JAM |
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June 15, 2017 | Daily JAM |
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June 6, 2017 | Daily JAM, Notes You Need |
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May 9, 2017 | Uncategorized |
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April 27, 2017 | Uncategorized |
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February 2, 2017 | Uncategorized |
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January 25, 2017 | AMZN, Daily JAM |
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