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The $900 Billion Dollar Pyramid

The $900 billion dollar pyramid. Stocks climbed yesterday on good economic news about employment and the services sector. Senators are talking again and again which has many investors hopeful that a stimulus package will be passed… soon.
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Are We There Yet?

Are we there yet? Stocks eked out a small gain yesterday as Senate leaders poured on the charm in an attempt to move stimulus talks forward. The first monthly jobs report missed estimates yesterday and showed a monthly decline in new private sector hires.
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Adrenaline Rush

Adrenaline rush. Stocks jumped higher yesterday in hopes that new stimulus talks may result in… some much-needed stimulus. Traders ignored weak manufacturing data which missed expectations but still signaled expansion.
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Nap Time

Nap time. Stocks took a pause yesterday after racking in a month of record returns. A weak housing number and a missed PMI added to the negative sentiment in the session.
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In The Black, Friday

In the black, Friday. Stocks rallied to new highs in Friday’s abbreviated session. Early results from the holiday shopping season appear encouraging while a continued rise in virus cases… not so much.
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Taking Numbers

Taking numbers. Stocks soared yesterday as the Dow Jones Industrial Average topped the mysterious, magical 30,000 level. Exuberance was plentiful after it was reported that President-elect Biden selected former Fed Head Janet Yellen as his candidate to head the Treasury while President Trump’s...
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