The Bottom Line February 16, 2018

The Bottom Line February 16, 2018

By fritz | Published
Posted in The Bottom Line

What’s Happening What a difference a week makes. When this stock market volatility started I predicted it wouldn’t last long. Usually the faster and sharper the downturn in a normal correction the faster the recovery. This has been a very normal correction. I might add a healthy correction. All corrections…

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The Bottom Line February 2, 2018

The Bottom Line February 2, 2018

By fritz | Published
Posted in The Bottom Line

What’s Happening The S&P 500 has its first down week in over a year. At the time of this writing, the S&P is down 60.75 points or 2.14% and the Dow Jones is down 676.56 points or 2.57. The point move makes it seem bigger than it actually is. This…

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The Bottom Line – January 26, 2018

The Bottom Line – January 26, 2018

By fritz | Published
Posted in The Bottom Line

What’s Happening GDP rose at a 2.6% annualized rate as reported by the Commerce Department. Consumer spending, the biggest part of GDP, rose 3.8% , the best in more than a year. Business equipment grew at the fastest pace in more than three years. New orders for durable goods soared…

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The Bottom Line January 19, 2018

The Bottom Line January 19, 2018

By fritz | Published
Posted in Uncategorized

What’s Happening All eyes seemed to be on the potential Government shutdown today, but then the market continued its rally as if it just really didn’t matter. Who knows what will happen. It appears that Congress will pass another stop gap Continuing Resolution, kicking the can another 30 days down…

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The Bottom Line January 12, 2018

The Bottom Line January 12, 2018

By fritz | Published
Posted in The Bottom Line

What’s Happening: What is driving the stock market? Cramer had a few good answers but missed some very important points. He mentioned that stocks are driven by index funds that get receive billions of dollars this time of year. This drives stocks more than individual stock pickers. This is very…

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The Bottom Line – 2017 Year End Addition

The Bottom Line – 2017 Year End Addition

By fritz | Published
Posted in The Bottom Line

What’s Happening The last trading day of the year or should I say the last half day will close today at noon. Let’s take a quick look back at this historic year. 2017 saw Brexit negotiations start, undoing of Dodd-Frank, Bitcoin mania, OPEC output cuts continued, GE almost dies and…

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The Bottom Line December 22, 2017

The Bottom Line December 22, 2017

By fritz | Published
Posted in The Bottom Line

What’s Happening I witnessed a historic moment on Television this morning watching President Trump sign the largest tax cut/reform bill into law in over 37 years. With the signing of this bill into law President Trump has accomplished something that no other President has been able or possibly willing to…

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The Bottom Line December 15, 2017

The Bottom Line December 15, 2017

By fritz | Published
Posted in The Bottom Line

What’s Happening Instead of “Lions, Tigers and Bears, Oh My”! Its “Tax Reform, Rate Hikes and Bitcoin, Oh My”! Where oh where do I start? Tax reform – yes we have both Houses of government passing their version of a tax reform bill. Now we go through the process of…

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The Bottom Line December 8, 2017

The Bottom Line December 8, 2017

By fritz | Published
Posted in The Bottom Line

What’s Happening The market traded down most of this week but showed strength this morning. The solid move up was due to the Labor Department reporting the U.S. economy added 228,000 new jobs vs. 190,000 expected. Other good news came from overseas with positive trade data in China and a…

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