Wall Street Sector Selector

The curse of Friday the 13th prevented stocks from enjoying a relief rally as the House of Representatives passed the 2014 budget bill.   The absence of any “relief rally” after...

The Bulls just might gore the Bears today in the stock market for Friday 13th, 2013   The Fortune Teller Speaks: I predict a stock market rise on Friday due to the Congressional...

In a choppy session, stocks lost their momentum during the last hour.    Stocks had a moderately negative day after the Department of Labor reported that initial unemployment claims for the...

I predict additional stock market declines for Thursday, December 12th, 2013   The Fortune Teller Speaks: Stock markets will likely continue to decline today as investors weigh the implications...

Stocks fell as investors reacted negatively to the adoption of the “Volcker rule”, which prohibits banks from proprietary trading.   The major stock indices took hard falls on...

Investors lost their enthusiasm on Tuesday as the December 13 budget deadline approached with more dysfunction on Capitol Hill.    The S&P 500 Index retreated from Monday’s record...

I predict a stock market decline for Tuesday   The Fortune Teller Speaks: I predict a decline for US stock markets on Tuesday, due to yesterday’s sluggish stock market gains and the...

Investors sent the S&P 500 to a record-high close despite speeches by Federal Reserve officials hinting that the taper could begin this month.   Monday’s trading action suggested that...

The bulls will likely run one more day as investors anticipate the Fed and Congress   The Fortune Teller Speaks: I predict another day of positive stock market returns, based on investor...

After a hectic week, the bulls rescue the Dow Jones Industrial Average on Friday.   The Dow Jones Industrial Average (DIA) rallied 198 points, 1.26%, on Friday to close out the week on a high...

Despite Friday’s better-than-expected economic data, investors failed to push the major stock indices into the red due to fear of a “Dectaper”.   There were widespread...

Stocks again retreated on good news during Thursday’s session, proving that taper fear is not gone – it has just been reduced to taper “concern”.   Just when you thought...

Stock markets are likely to decline further as investors continue to wake up   The Fortune Teller Speaks: I predict a stock market fall today based on the notion that investors are finally waking...

Wednesday’s stock market volatility left commentators confused while investors experienced motion sickness.   Financial commentators struggled to explain Wednesday’s stock market...

Although the stock market had a terrible day, Tesla shares jumped 16.53 percent.   If you check around at all of the financial websites, you will not find a satisfactory explanation for...

Stocks are likely to decline for the first trading day of December   The Fortune Teller Speaks: I predict a stock market decline today based on mixed Black Friday retail (XRT) sales and...