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Stocks saw an early decline on Friday after Thursday's moderate pullback, but it didn't take long for the bulls to show up again and slowly push stocks back to positive territory by the close. The Dow ended the day up 3-points and it was a positive week for stocks thanks to the 300-point post-Trump speech rally on Wednesday.

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Large caps produced large gains Wednesday following Trump's speech and his session with congress Tuesday. Many market analysis predicted a 'sell the news' reaction to Trump's speech but alternatively market players liked what he had to say. Traders took their profits Thursday taking the indices off their highs for the week and with slight gains on Friday the S&P ended the week with a 0.7% gain.

Janet Yellen made comments that indicate a rate hike is coming soon. The jobs report ...

Stocks pulled back on Thursday, and after a negative open, we saw no push back from the bulls for the first time in a while. The bright side is, a 113-point decline in the Dow after a gap open 300+ gain the prior day is not really sending any red flags. Of course every market top starts with a pullback from a high, but the bulls rarely go away that easily.

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There were some nerves going into President Trump's Tuesday night address to congress, but as has been the case for the last 4 months, investors applauded when it was over. After breaking its 12-day winning streak on Tuesday with a small loss, the Dow rallied 303-points on Wednesday.

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Well, it finally came to an end. A 12-day winning streak in the Dow ended yesterday with a small 25-point decline. It was quite a run and matched the highest streak of the last 120-years. The S&P 500 saw modest losses while the Nasdaq, and particularly the small caps, saw a more significant declines percentage-wise.

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