In today’s rally everyone loves risk–which isn’t necessarily a good thing

In today’s rally everyone loves risk–which isn’t necessarily a good thing

If you look only at the major indexes, today was a mildly positive day. The Standard & Poor’s 500 closed up 0.30%, although the Dow Jones Industrial Average was flat. The NASDAQ Composite gained 0.73% at the close and the NASDAQ 100 added 0.77%. The small cap Russell 2000 ended ahead 0.34%. But take a look at some of the frankly outlandish gains in the market’s hottest sectors. It’s not difficult to find gains of 5% or more today

In today’s rally everyone loves risk–which isn’t necessarily a good thing

The markets say “Happy Holidays!”

This morning it doesn't matter that the Part 1 U.S.-China trade agreement isn't signed and that we don't have more than the bare, vague outlines of the deal. This morning it doesn't matter that the smashing Conservative Party victory in the United Kingdom elections...
Special Report: How to Protect Your Portfolio Without Selling Your Portfolio–Part 1 Why this is such an “odd” correction and Part 2 My risk assessment calendar

Special Report: How to Protect Your Portfolio Without Selling Your Portfolio–Part 1 Why this is such an “odd” correction and Part 2 My risk assessment calendar

Scary market, huh? Completely unpredictable it seems, right? Up on Tuesday October 30 with the Standard & Poor's ahead 1.57% at the close and the technology-heavy NASDAQ Composite ahead 1.58%. Quite a turn about from the previous day when the S&P 500 finished...
In today’s rally everyone loves risk–which isn’t necessarily a good thing

No fade today after market takes off on positive China “feeling”

The market didn’t reverse or fade today. The Standard & Poor’s 500 stock index hit 2656 by 10:30 and then, despite a dip that took 20 points off the index around 12:30 managed to close at 2656 for the day. That was a gain of 1.67% for the day and near the top that Monday’s market hit before its end of the day reversal. The Dow Jones Industrial Average finished up 1.79%; the NASDAQ Composite was higher by 2.07%.