Author Archives: djhendri

Rudd’s MarketView Thursday, February 15, 2018

Summary The major equity indexes chalked up their fifth straight session of gains, led by Apple and other technology stocks as recent inflation worries that sent the market into a sell-off at the start of the month appeared to dissipate. Apple rose 3.36 percent and contributed more than any other stock to gains on the…

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Rudd’s MarketView Wednesday, February 14, 2018

Summary Wall Street rose sharply on Wednesday as the Street shrugged off stronger-than-expected inflation data and snapped up shares of Facebook, Amazon and Apple. The fourth straight day of gains in the S&P 500 saw a return to the “fear of missing out” mentality that accompanied Wall Street’s rally in recent months ahead of a…

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Rudd’s MarketView Tuesday, February 13, 2018

Summary The major equity indexes were in positive territory at the closing bell for a third straight session, buoyed by Amazon and Apple, while investors focused on inflation data on Wednesday that could upset the market’s fragile recovery – or clear the way for additional gains. Amazon rose 2 percent while Apple added 1 percent,…

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Rudd’s MarketView Friday, February 9, 2018

Summary The major domestic equity indexes stocks ended a wild week with a burst of buying, pushing the S&P 500 up 1.5 percent on Friday, but still recorded their worst week in two years, and investors braced for more volatile trading days ahead. The sharp falls of the week confirmed the market was in a…

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Rudd’s MarketView Thursday, February 8, 2018

Summary The major domestic equity indexes ended the trading day on Thursday, deep into negative territory as the markets faced another trading session with big swings, The benchmark S&P 500 chalked up a second day of declines, following sharp swings in recent sessions including its biggest drop in more than six years that pulled equities…

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Rudd’s MarketView Wednesday, February 7, 2018

Summary The major domestic equity indexes ran out of steam on Wednesday after an early surge, in a sign that investors remain shocked by the market’s recent retreat and wary more fallout is to come. In an up-and-down session, the S&P 500 index faded at the close after trading higher for much of the afternoon,…

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An Analysis of Sherwin-Williams (SHW)

Streetwise for Sunday, February 4, 2018 It is unfortunate that achieving professional success, and its subsequent rewards, does not bestow a comparable level of investment expertise. Alas, neither does eligibility for Social Security. To the detriment of the gullible, enviable returns are offered up by pseudo experts with a supposedly elite understanding of market trends…

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Fractious Factions Face Off

Streetwise for Friday, February 2, 2018 The rampant discourse over the world’s economic future must wait. There are more important forecasts to consider as fractious factions face off today, February 2, Groundhog Day, over who has the superior groundhog. OK, I know I write about this event every year, but I think it adds some…

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Rudd’s MarketView Tuesday, February 6, 2018

Summary The roughly 2 percent rebound by the major domestic equity indexes on Tuesday followed the largest one-day selloff in more than six years. The vexing question is whether the volatility of the past two days was the start of a deeper move down or just clearing the way to the resumption of the aging…

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Rudd’s MarketView Monday, February 5, 2018

Summary The major domestic equity indexes fell sharply in highly volatile trading on Monday, with both the S&P 500 and Dow Jones Industrial Average falling more than four percent, as the Dow notched its largest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year. The declines…

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