CNBC Asks Adam About The Market

Tech stocks rise as rest of market trades little changed Tech stocks were on track Wednesday to post consecutive gains after being pressured over the past week. Investors also kept an eye on Washington as they awaited new details on Congress negotiations to overhaul the U.S. tax code. Tuesday, December, 6 2017 Tech stocks rose […]

Week-In-Review: Another Record Setting Month On Wall Street

Another Record Setting Month On Wall Street The market remains exceptionally strong as the bulls remain in clear control and stocks refuse to fall in a meaningful fashion. Every time the market hints at pulling back, almost immediately, the bulls show up (buy the dip crowd) and send stocks soaring. The two largest “down” days […]

Week-In-Review: Stocks Soar As Q4 Holiday Shopping Season Begins

Stocks Rally On Shortened Holiday Week The market remains very strong as the Q4 holiday shopping season officially began. The S&P 500 topped 2,600 for the first time as buyers showed up with a very shallow two week pullback. The Nasdaq also hit a fresh record high as stocks continue to surge. The Dow closed […]

CNBC Asks Adam About Earnings Season & Record High Stock Prices

S&P 500 passes 2,600 for the first time, led by tech stocks Tuesday, Nov 21, 2017 The Dow, S&P 500 and Nasdaq hit record highs as tech stocks rallied. The Technology Select Sector exchange-traded fund (XLK, which tracks the S&P 500 tech sector, rose 1 percent to trade at levels not seen since 2000. Investors […]

Week-In-Review: Stocks End Mostly Higher As Tax Cut Passes House

What Is This “Dip” You Speak Of The market remains very strong. The fact that the latest pullback literally only lasted one week speaks volumes to how strong the bulls are right now. The big news last week came after the House passed the tax cut bill. Now, the bill goes to the Senate where […]

Week-In-Review: Stocks Snap 8-Week Win Streak

Stocks (Finally) Snap 8-Week Win Streak Remember, ladies and gentlemen, stocks do not go up forever. Even in very strong bull markets (present market included) it’s perfectly normal (and healthy) to see the market pullback and digest a recent rally. Last week, the major indices ended lower and the benchmark S&P 500 and Dow Jones […]

Reuters Asked Adam About The Stock Market

US STOCKS-Wall St extends losses as financial stocks weigh * Yellen to speak at award presentation at 2:30 p.m. ET * U.S. 10-year treasury yields hit two-week lows * Valeant surges on better-than-expected profit * Priceline, TripAdvisor fall on weak forecasts Nov 7 (Reuters) – Wall Street added to losses in early afternoon trading on […]

Week-In-Review: Stocks Rally On Strong Economic & Earnings Data

Stocks Rally On Healthy Earnings and Economic Data The market ended mostly higher last week as investors digested a slew of earnings, economic and central bank data. First, nearly every major central bank in the world continues its easy money stance. Even though the Fed, and a few other central banks, began raising rates, rates […]

CNBC Asks Adam About The New Fed Chair

Thursday, November 2, 2017 Stocks gyrate as Wall Street digs through details of tax reform bill The S&P 500 traded off its lows as a sharp gain in the financials sector helped the index pare earlier losses. The plan would cut mortgage interest deductions in half. However, it would keep retirement savings plans like the […]