Fed Expected to Stay Cautious as Economy Sends Mixed Signals

September 20, 2021 By: Todd Mitchell

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Bears Remain in Driver’s Seat as Volatility Clears 20 Again

September 19, 2021 By: Todd Mitchell

The stock market set another round of record highs on Thursday following better-than-expected jobs data and a boost in energy stocks. Specifically, initial claims for state unemployment benefits dropped 14,000 to 340,000, the lowest level since mid-March 2020. Meanwhile, the energy sector jumped over 2% while reversing most of the losses suffered during the previous three sessions as a sharp...

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Market Regains Positive Territory for the Week

September 16, 2021 By: Todd Mitchell

The stock market set another round of record highs on Thursday following better-than-expected jobs data and a boost in energy stocks. Specifically, initial claims for state unemployment benefits dropped 14,000 to 340,000, the lowest level since mid-March 2020. Meanwhile, the energy sector jumped over 2% while reversing most of the losses suffered during the previous three sessions as a sharp...

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Extreme Option Profits Chart of Day…Crocs (CROX)

By: Todd Mitchell

Shares of AMD are now at $113, and still show no signs of slowing. In its most recent quarter, the company posted Q2 revenues of $3.85 billion, which came in above expectations for $3.62 billion.  Cash on hand is up to $3.79 billion. “Our business performed exceptionally well in the second quarter as revenue and operating margin doubled and profitability more than tripled...

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Microsoft to buy back up to $60 billion in shares; names Brad Smith vice chair

September 15, 2021 By: Todd Mitchell

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Bears Regain Momentum

By: Todd Mitchell

Wall Street rebounded on Wednesday despite a choppy open as mildly positive factory data fueled sentiment. Specifically, industrial production increased 0.4% in August, slightly beating estimates. Additionally, capacity utilization rose to 76.4% from 76.2% while manufacturing edged up 0.2%.The gains helped push the major indexes back into positive territory for the week. Meanwhile, volatility...

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