Offline until further notice

My laptop crashed tonight and this desktop that I've switched doesn't work very well at all so I won't be publishing any new posts until my laptop is out of the shop.  Hopefully I'll be able to get it into the shop tomorrow.  Thank you for patience and have a great week.  

4 Growth Stocks, 4 Value Stocks to Buy

With the tug of war between growth and value that's been going on in the market for quite some time now, this week's edition of U.S. News Invested seems particularly timely. One day growth is up and value down, the next day it's the reverse.  Perhaps the best strategy is to have both but even if you believe that the real profits are in one vs the other, the following list provides what their editors consider the best picks in both.  Enjoy the weekend.  

Wall Street rallies, capping frenetic week with best day of the year

Finally on the fifth day the pattern has been broken and even reversed itself.  Instead of going through the roof early in the day and then collapsing later, instead today the Dow sank 300 points right out the gate and then started climbing dramatically over 800 points to close up 564 and the S&P up a very impressive 105 points.  Even the Nasdaq got a huge boost today as bargain hunters were snatching up the tech stocks again. The Nasdaq remains in correction territory but both the Dow and S&P have recovered losses to now just 4.4 and 7 percent drops from their highs. 

S&P 500 ends lower after another wild ride

OMG it’s happened again, now the fourth day in a row that the markets got started with a bang only to come crashing down in mid-session. It’s the fourth day in a row that we thought we might be pulling out of this correction only to have our hopes dashed in the eleventh hour.  This is getting annoying. Today the Dow was up some 500 points.  Then it was right around noon, likely because that was when Intel submitted a very dismal Q4 report which then had a massive ripple effect on the entire tech sector. 

Wall Street gains evaporate, S&P 500 ends lower on Fed tightening timeline

It happened again today, the third day in a row that the indexes were way up throughout the day and then came crashing down at 2 pm to undo all the gains and throw everyone into the red again. And all it took was a single comment, whether deliberate or unintentionally casual, when Fed Chair Powell failed to give a direct answer to a reporter asking whether rate hikes could be coming every month this year?  As today’s expert said, it “indicates a flexibility to raise rates much more quickly than anyone was expecting.”  

Wall Street ends down as markets whipsaw ahead of Fed meeting

Today was just like yesterday except instead of closing a little in the black, the Dow closed a little in the red. And the Nasdaq and S&P tech heavy sectors again closed rather heavily in the red. All this volatility is coming from the fears of Wednesday’s report of today’s Fed meeting. But it was a direct reflection of Monday with the Dow down over a thousand points in the morning and then rebounding the entire thing by late afternoon plus a couple hundred points to spare, only today it reversed again in the final hour.  

Wall Street reverses, ends higher in late session rally

On Friday I suggested that today might be a really good time to start buying the dip since experts had concluded all the panic selling last week was based on irrational emotion. I was half-right in that the major rout continued this morning with the Dow dipping over a thousand points by noon, but then there was a huge rebound for the rest of the afternoon in which not only were all losses recouped but all the indexes actually managed to close in the black. Anybody buying the dip at noon made out quite well today.