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Santa Comes Early for Investors as FANG Stages Late Year Comeback

Santa Comes Early for Investors as FANG Stages Late Year Comeback

Santa came early this year, giving stock investors their tenth positive week in the last 11. High-profile technology stocks led the charge. The S&P 500 rose 1.7 percent between Friday, December 13, and Friday, December 20. The index continued its breakout into new...

Stocks Hold Gains as Backdrop Continues to Improve

Stocks Hold Gains as Backdrop Continues to Improve

Stocks held their ground last week amid a stream of positive news. The S&P 500 slipped 0.2 percent in the holiday-shortened span between Friday, January 18, and Friday, January 25. It was the first negative week in the last five, coming amid the sharpest rally in...

Don’s Notebook May 1, 2018

Don’s Notebook May 1, 2018

The Institute for Supply Management (ISM report) came in lower than Street consensus at 57.3 (vs. estimates of 57.5-60.) This survey asks purchasing managers about the general direction of production, new orders, order backlogs, their own inventories, customer...