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Morning Trade for May 14th, 2021

Stocks edged higher this morning in early trading.  It’s been a tough week for investors, but gains today would cut into sizable weekly losses for the major averages.  So far this week the S&P 500 is down 2.75%, the Dow has lost 2.21% and the Nasdaq has...
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Morning Trade for May 13th, 2021

Stocks were looking for a rebound this morning after yesterday’s plunge as investors buy the dip on big tech.  The dow suffered its worst losses since January in yesterday’s session, dropping 681 points, nearly 2%.  The S&P lost 2% and the tech-heavy Nasdaq sank 2.6%.  Only time...
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Morning Trade for May 12th, 2021

Stocks moved lower this morning in early trading, one day after the Dow suffered its worst drop since February.  Inflation fears were validated by a spiking Consumer Price Index.  Inflation has accelerated at its fastest pace since 2008 with the CPI spiking 4.2% from a year ago. ...
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Morning Trade for May 11th, 2021

Stocks slipped this morning as the rotation out of high-flying tech stocks builds steam.  The Nasdaq is down 4% for the month and is down for the fifth out of the past seven trading days.  Inflation fears and worries over higher interest rates are rising which is...
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Morning Trade for May 10th 2021

Investors were optimistic this morning with major U.S. equity indexes hovering near last week’s records.  Equities shrugged off April’s disappointing employment numbers on Friday and chugged upward late in the session.  The Dow and the S&P 500 hovered near record highs in early trading this morning.  Let’s...
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