Author Archives: Lauren Rudd

Rudd’s MarketView for Wednesday, May 10, 2017

Summary The major domestic equity indexes were mixed on Wednesday as the Street absorbed President Donald Trump’s abrupt dismissal of his FBI chief as well as corporate earnings from Walt Disney and Nvidia. The Dow Jones Industrial Average lost ground, while the Nasdaq closed at a record high. Trump said he fired Federal Bureau of…

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Rudd’s MarketView for Tuesday, May 9, 2017

Summary The S&P 500 fell on Tuesday after edging up to an intra-day record high for the second straight session, while Apple became the first company to close with a market capitalization above $800 billion. Better-than-expected quarterly earnings and Emmanuel Macron’s victory in the French presidential election on Sunday have given Wall Street confidence, despite…

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Buy, Hold, or Sell Apple (AAPL)

Streetwise for Sunday, May 7, 2017 Given the many facets of uncertainty facing the financial markets, does Wall Street still make sense? Absolutely. The opportunities to invest in the shares of quality companies are abundant in any economic or financial environment. However, to seize the moment requires a willingness to make decisions with prodigious confidence…

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Rudd’s MarketView for Friday, May 5, 2017

Summary The major domestic equity indexes gained on Friday, with the S&P 500 ending at a record high close, as energy stocks bounced back along with oil prices, while job growth rebounded. Nonfarm payrolls rose by 211,000 jobs last month after a paltry gain of 79,000 in March, and the unemployment rate dropped to 4.4…

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Is the Market Going to Crash?

Streetwise for Friday, May 5, 2017 Yes, I know the financial markets have been trying of late. In many ways, Wall Street is like a child that just will not take no for an answer. Each time economic or corporate data, or even a “tweet,” is released that somehow does not meet its desires, the…

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Rudd’s MarketView for Wednesday, May 3, 2017

Summary Wall Street ended slightly lower on Wednesday after the Fed held interest rates unchanged and investors digested another heavy round of earnings reports. The benchmark S&P 500 reduced its losses following the Fed’s statement, which downplayed weak first-quarter economic growth and emphasized the strength of the labor market, in a sign it could tighten…

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Rudd’s MarketView for Tuesday, May 2, 2017

Summary The major domestic equity indexes edged higher on Tuesday as gains for the tech and industrial sectors countered weakness in auto and energy stocks and investors digested a heavy day of earnings reports. Ford fell 4.4 percent and General Motors was down 2.9 percent, as major automakers posted declines in new vehicle sales for…

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Rudd’s MarketView For Monday, May 1, 2017

Summary The Nasdaq Composite hit a record high on Monday, enhanced by gains in Apple and other big tech stocks that more than offset weak economic data. Apple rose 2 percent and set a record high, supporting the three major Wall Street indexes. Apple is due to report its results on Tuesday. The S&P 500…

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What Is Attractive About Tesla (TSLA)

Streetwise for Sunday, April 30, 2017 During several recent speaking engagements, I was asked repeatedly whether I would invest in today’s market, given its exuberance. The funny thing is I am asked that question whether the market is rising or falling. At the risk of raising the ire of market timers, there is no bad…

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Rudd’s MarketView for Friday, April 28, 2017

Summary The major domestic equity indexes were a bit lower on Friday, after data came out that indicated the economy grew at its weakest pace in three years during the first quarter, thereby giving traders a reason to take some chips off the table. Nonetheless, the major indexes were up for April, with the Nasdaq…

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