The market’s strength since the September lows has caused some Wall Street analysts to raise their targets as investors seem to be encouraged over a possible tax plan and another good earnings season. Several firms like Morgan Stanley (MS) and JP Morgan Chase think the earnings forecasts are too low. FacTSet is looking for earnings growth of…

It was another good week for stocks as the broad outline of a tax reform plan encouraged many on Wall Street that stocks could move even higher. This enthusiasm has spread to the high profile media traders as some were very excited about their new found bullishness. Individual Investors may have voted before the tax…

Stocks traded in a narrow range heading up to the monthly jobs report as both the rallies and declines were short lived. The short-term technical readings had not moved firmly into the buy or sell mode prior to Friday's rally. The weaker than expected change in non-farm payrolls is likely to decrease the odds of…

The stock market moved sideways for most of last week with the heaviest selling on Wednesday. Finally on Friday we got Janet Yellen's long awaited comments from Jackson Hole where she said "the case for raising rates has strengthened in recent months." This did little to change the already low expectations for a rate hike…