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Daily Market Report May 12th, 2025
The market gave up early gains on Friday and drifted to end lower, and this late drift prevented the market from adding to the prior two week’s gains. And it was actually the first week in seven where the S&P moved by less than 1.5% after worrying about fears about the President’s trade war and hopes that he’ll relent on some of his tariffs.


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Goals vs. Wishes
"A goal without a plan is just a wish" by Antoine de Saint-Exupéry
reminds us that dreams alone are insufficient to achieve success.

Daily Market Report May 9th, 2025
The market rose yesterday after the United States and United Kingdom announced a deal on trade that would lower some tariffs between the two countries, the first of what investors hope will be enough agreements to keep a recession from hitting the economy.

Daily Market Report May 7th, 2025
U.S. stocks closed lower Tuesday as quarterly results show more companies are tempering their forecasts for upcoming profits because of uncertainty created by the President’s tariffs.

Daily Market Report May 6th, 2025
I had said that the market looked a little tired during the Monday morning meeting, and sure enough it did as it broke a nine-day winning streak.

Daily Market Report May 5th, 2025
Equities extended their gains to a ninth straight day Friday, marking the longest winning streak since 2004 and reclaiming the ground it lost since the President escalated his trade war in early April.

Daily Market Report May 2nd, 2025
For the eighth straight session, the major averages moved higher for the first time since August, as Dow component MSFT plus META after the big tech companies reported profits for the start of the year that were even bigger than analysts expected.

Daily Market Report May 1st, 2025
In another astounding session to end the wild month of April, the market reversed an awful start once again to finish mostly higher in one of the more bizarre very late panic moves.

Daily Market Report April 30th, 2025
On the next to last day of the fourth month of the year, the market started mostly lower and then put in another positive intraday performance to end higher for the sixth straight session.

Daily Market Report April 29th, 2025
In another very volatile intraday situation, the major indices went all over the place in both directions before ending mostly nominally higher.

Daily Market Report April 28th, 2025
The past four very strong higher days after a disastrous start to the week seemed like a replay of the earlier days of the rally before things came apart, in the sense that the formerly loved big tech stocks led the way once again, even as the rest of the market did not do so well.

Daily Market Report April 25th, 2025
The latest market rally kept going strongly for the third straight session yesterday as better-than-expected profits for U.S. companies piled up, though C.E.O’s said that they are unsure whether it will last because of uncertainty created by President Trump’s trade war.

Daily Market Report April 24th, 2025
U.S. stocks mostly rose yesterday after the President appeared to back off his criticism of the Federal Reserve and his tough talk about this trade war. He is finally learning that his prior antagonistic rhetoric toward these two items has resulted in steep market meltdowns up until Monday when he finally started to ease back.

Daily Market Report April 23rd, 2025
After the market ended at the worst April performance since 1932, perhaps the President learned that it was not a good idea to attack the Federal Reserve Chair in such a way. In remarks to reporters on Tuesday, he walked back his previous statements that had fueled speculation about Powell's job security and helped to contribute to the latest stock market downturn.

Daily Market Report April 22nd, 2025
In another downside disaster, at least the market opened lower and just kept dropping until a small rally near the end of the session made the final closes not as bad as they were at the 3:30pm lows. But in any event, it was another distressing disaster as the S&P closed with a 16% decline from its record high two months ago.

Daily Market Report April 21st, 2025
In one of the strangest days in the indices themselves, most of the market did better in terms of breadth numbers, but the worst drop for UNH in a quarter of a century kept the Dow lower while the S&P, Russell 2000 Index of small stocks and the NDX 100 ended with nominal gains.

Daily Market Report April 17th, 2025
In one of the worst days this year, the market originally got blasted to the downside based on the situation with former market leader NVDA downside disaster. Then Fed Chair Jerome Powell put the finishing downside disaster on things with his comments later in the day. The only positive thing was that the market was able to cut back on some losses later in the day.

Daily Market Report April 16th, 2025
U.S. stocks drifted Tuesday through a rare quiet day for financial markets, although once again they could not hold onto modest intraday rallies.
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