Rudd’s MarketView Monday, October 23, 2017

Summary The major equity indexes closed out the trading on Monday in negative territory, weighed down by a decline technology and industrial shares. General Electric ended the day down 6.3 percent, suffering its largest one-day percentage decline in more than six years after a host of brokerages cut their price targets on the stock, citing…

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Rudd’s MarketView Friday, October 20, 2017

Summary The major domestic equity indexes clocked in with record closing highs on Friday and the S&P 500 posted a sixth week of gains after the Senate passed a budget resolution, lifting hopes that President Donald Trump’s tax-cut plan may move forward. The Senate’s approval late Thursday of a 2018 budget blueprint could pave the…

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Save the Date: Rudd International Inc. Fall Lecture Series Webinar

You are cordially invited to an instructional webinar given by Lauren Rudd (Nationally syndicated investment columnist) Many of us are confused about what investment vehicles are right for us- equities, bonds, mutual funds , ETF’s etc.   Key Answers to questions like: How to understand my portfolio performance and what shold my returns look like?…

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Rudd’s MarketView Thursday, October 19, 2017

Summary The Dow Jones Industrial Average and the S&P 500 indexes managed to chalk up record closing highs on Thursday, turning higher at the last minute after a Politico report that Federal Reserve Governor Jerome Powell is the leading candidate for the nominee for Fed chair. Wall Street has been anxious to hear who President…

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Rudd’s MarketView Wednesday, October 17, 2017

Summary The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a rise in IBM after it hinted at a return to revenue growth. The Dow hit 22,000 on August 2, only 54 trading days earlier and roughly half the time it took the index to move from 21,000…

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Rudd’s MarketView Tuesday, October 17, 2017

Summary The Dow Jones Industrial Average briefly broke above the 23,000-point mark for the first time on Tuesday, driven by strong earnings from UnitedHealth and Johnson & Johnson, but finished the session just below that milestone. The blue-chip index, which surpassed similar 1,000-point marks three times previously this year, has been steadily inching higher and…

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Wall Street Is Not a Sophisticated Game of Chance

Streetwise for Friday, October 13, 2017 Wall Street Is Not a Sophisticated Game of Chance I would like to open today’s column with a heartfelt word of thanks to everyone who voted for “Happy Returns,” the Rudd International sponsored entry in the Southeastern Guide Dogs Superheroes on Parade, Puppy Edition, competition. Happy Returns entered the…

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Will Amazon Damage Walgreens (WBA)?

Streetwise for Sunday, October 15, 2017 Will Amazon Damage Walgreens (WBA)? I would like to open today’s column with a heartfelt word of thanks to everyone who voted for “Happy Returns,” the Rudd International sponsored entry in the Southeastern Guide Dogs Superheroes on Parade, Puppy Edition, competition. Happy Returns entered the winner’s circle as the…

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Rudd’s MarketView Monday, October 16, 2017

Summary All three major domestic equity indexes rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week’s losses. JPMorgan Chase and Bank of America led day’s gains in bank…

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Rudd’s MarketView Friday, October 13, 2017

Summary The major domestic equity indexes moved higher on Friday, following upbeat economic data and gains in technology shares. The result was that both the Dow Jones Industrial Average and the S&P 500 indexes chalked up a fifth straight week of gains. Data indicated retail sales rose in September, and the University of Michigan’s consumer…

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