mmfnschedule   mmfnschedule

Category Archive: Uncategorized

Aug 01 2018

8/1/18 Market Notes

July ended on a positive note as all major stock averages ended the day and the month higher. The S&P 500 gained ½% on Tuesday, ending the month over 4% higher as late month trade jitters and mixed earnings reports increased downside volatility in the past week and a half. Oil prices declined 7.8% in …

Continue reading »

Jul 31 2018

7/31/18 Market Notes

The sell-off in technology stocks continued on Monday, dragging broader markets down as seven of the eleven sectors of the S&P declined. The Dow Jones Industrial Average lost 144 points, while the S&P lost a similar 0.58%. Technology shares lost 1.78% as a sector, while telecom shares rose 1.95% as a group.   On the …

Continue reading »

Jul 30 2018

7/30/18 Market Notes

Facebook (FB) wiped over $119 billion off its market cap last week, after releasing slightly disappointing earnings results. Much like Netflix the week prior, North American subscriber growth was the biggest culprit within the data. With three of the four FANG stocks having reported already, all eyes will be on Tuesday’s earnings release by Apple …

Continue reading »

Jul 27 2018

7/27/18 Market Notes

In spite of a very visible and painful earnings miss by Facebook (FB) that sent the NASDAQ more than 1% lower on Thursday, the overall earnings picture appears to remain intact. Intel (INTC), Starbucks (SBUX) and Amazon (AMZN) all handily beat earnings expectations after the closing bell rang on Thursday, and overall nearly 80% of …

Continue reading »

Jul 26 2018

7/26/18 Market Notes

There was little action in stocks on Wednesday, until about 3:30 PM after the White House announced that President Trump had received concessions from EU President Jean-Claude Juncker. The S&P jumped nearly 1% on the news, as a mixed market turned decisively positive with 10 of the 11 sectors of the S&P ending higher. Telecom …

Continue reading »

Older posts «