Wit & Wisdom – 11/10/2021

Good morning. Investors appear to be shrugging off some rather worrisome inflation reports as stock indexes are little changed so far today. But the news was pretty big, as not only was there a reported sharp increase in year-to-year inflation, but the jump was the biggest seen since Bush was president … and I mean […] Read More

Wit & Wisdom – 11/9/2021

Good morning. Quite shockingly, the S&P 500 is down this morning. Why do I put it this way? Because I’m not used to saying it … as last night’s close was the 8th consecutive gain in a row and, according to S&P Analyst, Howard Silverblatt, there have been 65 S&P closing records set this year […] Read More

Wit & Wisdom – 11/3/2021

Good morning. Stocks are slightly down to start the day as nervous investors play the game of trying to figure out the next move(s) by the Fed amid concern that inflation will be with us for quite a while. Of course, rising prices are noticed immediately … especially when we try to purchase items (such […] Read More

Wit & Wisdom – 11/1/2021

Good morning. The morning witnessed more records in major U.S. indices … and I am not talking about just the S&P 500 … as the Dow and tech-heavy Nasdaq reached new intraday highs as well. What is most interesting is how glowing stocks performed in October … for it was one month ago (following a […] Read More

Wit & Wisdom – 10/28/2021

Good morning. The economy in the third quarter did not do as well as many strategists expected as GDP growth came in at 2%. But, growth is growth and now focus will begin on the final quarter of the year. Of course, it should be pointed out that any forecasts today should be taken with […] Read More

Wit & Wisdom – 10/27/2021

Good morning. Stocks are relatively flat to start the day, though for a few moments (before tiring) it did appear the S&P500 would set yet another intraday record.  Fortunately, for those who get excited about such things (guilty!), there is still a few hours left. Of course, some pretty wealthy people have been getting richer […] Read More

Wit & Wisdom – 10/26/2021

Good morning. I got the shingles vaccine yesterday and feel a bit tired right now … but I realize it might be psychological … as I foolishly read about the side effects prior to getting the shot. The Dow and S&P 500 achieved new intraday records this morning as sharp gains (so far) in the […] Read More

Wit & Wisdom – 10/25/2021

Good morning. As the famous economist, Alfred E. Neuman said, “what, me worry?” … and investors seem to be reciting the same phrase this morning as the S&P 500 achieved another intraday record. Inflation seems to be on the minds of many and Treasury Secretary Janet Yellen provided the opinion that higher prices may be […] Read More

Wit & Wisdom – 10/21/2021

Good morning. Early in today’s session it appeared the S&P 500 would achieve a new record, but its upward climb stalled … and then reversed … yet still remains in shouting distance. It is interesting how mood and focus changes so rapidly. Based on online activity, according to Arbor Research, pandemic-related searches have now taken […] Read More

Wit & Wisdom – 10/18/2021

Good morning. Down to start today’s session, stocks are in the midst of a comeback … and are presently in positive territory. The reason? Who knows … as inflationary fears and supply shortages are still very much with us. What I found most interesting this morning was a comment in Daily Shot relating to semiconductor […] Read More

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