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Stocks opened lower on Friday as the losses in Amazon impacted the broader market - initially. But buyers stepped up right away taking not only the indices higher, but also Amazon turned a sharp decline into a modest 1.1% loss by the close. The Dow ended the day up 153-points, or +0.57%. The Transports led again, while the Nasdaq and the small caps also outperformed the S&P 500.

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Stocks tacked on a third week of gains fueled by earnings and optimism about progress in the trade negotiations. All the TSP stock funds were up more than 1% for the week and the S&P 500 traded around record highs. The question is whether investors are finally getting over economic worries or has money been moving into a wall of worry. More earnings will be coming in next week and the FOMC meeting is in the middle of the week.

So far good earnings have been celebrated and poor earnings, ...

The Dow and S&P 500 opened at their highs of the day on Thursday, chopped around for most of the day, then got a friendly bounce into the close. The Dow still closed down 28-points on the day, but the S&P 500 actually posted its highest closing price since July 30. The Nasdaq led the way with a 0.81% gain thanks to Microsoft's earnings the night before. Amazon reported disappointing earnings after the bell yesterday and that may shake things up some today. ...

Stocks traded in a tight range on Wednesday and counter to Tuesday's action, we saw a strong close after some earlier weakness. The Dow gained 46-points, off an early triple digit gain, but the Nasdaq and S&P 500 closed near their highs of the day creating some positive reversals on the charts, so the back and forth continues. That's 9 consecutive days of alternating up / down closes for the S&P 500. How's that for choppy?

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There was an exhale on Wall Street yesterday after a morning rally faded in afternoon trading, and it seemed to be a combination of issues with Brexit, impeachment headlines, some disappointing earnings, and technical conditions as some indices hit resistance or neared prior highs. The Dow lost 40-points, and while we did see some green in the Transports and Russell 2000 again, stocks certainly came off their morning highs and the broader indices were down more moderately. ...