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Stocks opened on the downside on Tuesday but immediately caught a bid and after the magic of a Janet Yellen congressional hearing, stocks accelerated to the upside closing at the highs of the day with the Dow, S&P, Nasdaq, and Russell 2000 all closing at another all-time high.

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Stocks rallied again on Monday as the change in economic growth perception has investors racing into the market. Percentage-wise is was a good day as we saw 0.5% gain in the S&P and Nasdaq, while small caps added about half of that. The Dow was up a bit more percentage-wise jumping 143-points.

Triple digit gains are welcomed by investors and can get those emotional juices flowing, but they aren't what they used to be. Eight years ago a 100-point gain in the Dow was gain of 1.42%. ...

It wasn't a huge rally, but 0.33% - 0.56% is more solid gains added onto the Thursday big day so the Trump taxes comment rally got some follow-through. The Dow gained 97-points on Friday and small caps outpaced the large caps and the international stocks, with a gain in the dollar partially responsible.

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Stocks started weaker this week but were able to stay in a narrow trading channel for the first few days. Come Thursday and Friday, stocks produced back to back positive days in a row to give both the C and S-fund gains above 0.8% for the week. It seems remarks about upcoming changes in tax policies from Donald Trump catalyzed the buying. Traders have been waiting for the new market environment anticipated by the new Trump administration so a change in taxes for businesses could spark legitimate ...

Stocks rallied Thursday after some positive comments from President Trump regarding taxes. The Dow jumped 118-points and we saw gains of near 0.60% in the top three major indices. Small caps led the way as it tends to exaggerate the move of the SP 500, whether that's up or down, and yesterday was up.

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