Category Wednesday

Good morning. The stock market continues to struggle to find its footing this year, as attempts to move higher seem to be thwarted by a number of news items such as rising Covid cases.  However, combined with a low death…

Good morning. OPEC+, a group constitution of OPEC and Russia, have stuck with an existing agreement to increase their collective oil output by 400,000 barrels per day.  The move comes as a way to restore production that was sharply cut…

Good morning. Wall Street is nothing but forward-looking.  So it should be clear from the massive drops this year in the likes of favorite pandemic plays like Zoom Communications (ZM) and Teladoc Health (TDOC), that things have been over for…

Good morning. The stock market is on track for another great year overall.  We’ll know the final numbers in just over a week as the calendar rolls over.  But as 2021 comes to a close, it’s the perfect time to…

Good morning. The stock market’s rising concern over inflation in the past few sessions continues to weigh on stocks, particularly tech stocks.  The bigger issue?  A massive implosion if interest rates rise too far, too fast.  That’s because the global…

Good morning. Long-term investors know that buying when the market is down is an astute move.  With the sharp rebound in stocks from the shortest bear market in history in early 2020, traders have decided that any drop of more…

Good morning. It’s probably a good time to “retire” the word transitory regarding inflation.  That was testimony by Federal Reserve Chairman Jerome Powell before Congress yesterday.  With rising risks of higher inflation for longer, Powell even noted that the Fed…