January 28, 2018

The Dow Jones industrial average index (DJIA) opened the year at around 24,800 and closed Friday at 26,616. In less then a month it has risen 1,816 points and the month has a few days left.   If it keeps going at this historically unprecedented pace, it will end t...

January 21, 2018

 

Many articles and financial news stations are stating that the markets are overbought. This would imply at least a slowdown in the run up we’ve witnesses since November of 2016 if not a correction. Many people are talking about being way overdue for a 5% correction....

January 11, 2018

Markets set new records today and the earnings season starts tomorrow with bank reporting to include PNC, JP Morgan and Wells Fargo. 

This will fuel the market further if reports are good.  The S&P 500 hasn't retreated 3%, either in a single day or over several days, s...

January 5, 2018

There has been a rumor for a number of years that the U.S. Government would like to get to the point that cash as we know it (paper bills and coins) is completely eliminated.  That's right they want to go to digital currency.  That is fantastic news for those of use th...

January 3, 2018

Here we are in 2018 - absent a major geopolitical event - the bull will continue its run.  There will be dips and pull backs of course along the way.  Many are saying that the market is over stretched and due for a major correction.  We think that these people are wron...

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