by Jeff Bishop | Feb 17, 2019 | Bishop's Corner
Stocks closed the week blazing hot, as the Dow gained over 440 points on Friday and finished with its 8th straight weekly gain. Furthermore, its the longest winning streak the Dow has seen since November 2017. And you know what? It seems like stocks are moving higher...
by Jeff Bishop | Feb 15, 2019 | Bishop's Corner
Stocks are raging higher today… and trying to finish out the week on a positive note. Despite weak retail sales numbers and jobless claims on Thursday. The market seems to be striding higher on hope… Hope that we’ll reach a trade deal with China that doesn’t...
by Jeff Bishop | Feb 12, 2019 | Bishop's Corner
Compromise. It’s what every happy and healthy relationship needs. And stocks look stronger today because of it. So what’s changed over the last 24 hours? Lawmakers have reached a temporary deal to prevent the government from shutting down (it looks like the Wall might...
by Jeff Bishop | Feb 10, 2019 | Bishop's Corner
Despite stocks closing on a 3-day losing streak, all three major indices managed to close positive on the week. Which makes it 7-straight positive weekly closes for the Dow. What’s been pushing stocks lower recently? Renewed trade tensions between the U.S. and China...
by Jeff Bishop | Feb 6, 2019 | Bishop's Corner
Despite an upbeat SOTU address from the President last night, the market seems to be dismissing several red flags. For example, Apple lowered its revenue projection mid-quarter, and Amazon’s guidance fell short of analysts expectations, while Eli Lilly warned that...
