The Market has a bit of a love hate relationship with the American government. It always has and probably always will. The Market definitely relishes the stability and safety our government provides but gets easily agitated with overreach and a lack of discipline. There’s definitely been a lot of the latter of late...

The post-election rally stalled this week. The Dow and S&P erased half of their gains since Election Day. A better-than-expected earnings report from Disney helped cushion the Dow, while the Tech-heavy NAS fared the worst on the week. The Market continues to deal with the fits and starts in the wake of the election. It’s trying to decipher the differences of campaign promises versus actual governing priorities. There have been some cabinet appointments that, shall I say, have raised some eyebrows as well as caused full blown shock. That shock included members from within the Republican Party...

November 5th, 2024. It’s a date that been circled on the calendar since 2023 concluded. The hype is over. It finally came; The consequential American Presidential election. The people mailed in their ballots and headed to the voting booths in size. The mood had been extremely tense, at times vitriolic, with a surplus of nervous energy. That’s pretty much how the Market had been behaving of late. Traders had been anxious about outcomes that could shape Washington’s agenda for years ahead. The country is sorely divided. One thing the American people agreed upon heading into the election is the nation’s current state. 70% believe the country is on the wrong track. Change has been a constant theme...

The Stock Market kept the brakes on. There have been back-to-back weekly decliners, which followed 6 straight weeks of gains. It makes sense with so much going on. This was as big of a week for Market-moving events as I can ever remember in my near 30-year career. There's a ton for the Market to absorb: Earnings. Economic data. Fed Meeting. Global wars. Oil. And oh, yeah, that not-so-small election next week. With that said, here's another rapid rundown...

The Stock Market rally took a breather. The streak of 6-weekly gains came to an end. Momentum slowed with election uncertainty, deficit concerns and added pressure on interest rates. Leadership narrowed back to Tech ahead of a massive run of earnings next week. It was rising yields that caused the speedbumps...

The Stock Market keeps on keeping on, as they say. This week, the S&P 500 hit its 47th fresh all-time-high in 2024. It’s been 6 straight week of gains for the Dow, S&P and Nasdaq. This marks the best performance for America’s Stock Market at this point in the year since 1997. Now that’s saying something. What makes it more remarkable is that it is occurring at a point where so many risks are on the rise, from wars overseas to the Presidential election in just 3 weeks. That age old saying that the Market climbs a wall of worry sure is accurate today...

The rally on Wall Street continues. The Dow and S&P keep hitting fresh, all-time highs. It’s happening in an environment of crisis and extremes. This year has witnessed growing fears of an economic slowdown, inflation, high interest rates, expanding wars overseas, natural disasters and an exceptionally divisive and unpredictable Presidential election campaign. So of course, over the first three quarters, it turns out the S&P 500 had its best performance this century. It’s defied logic and seasonality with a green August, September and so far, October. It’s been a remarkable year for investors. There’s also this: There’s nothing like price to change sentiment...

America is hitting an energy bottleneck as the AI revolution accelerates power demand to unprecedented levels. Data centers supporting the computing power are popping up all over the country which has created a need for clean and sustainable sources of energy. The ability to fuel them is getting stretched. Something’s gotta give. America is struggling to power the Digital Age...