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112 Albany Street, Cazenovia, NY 13035     (315) 655-2964 Toll Free: 1-800-659-8044

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Day Traders Diary

3/23/23

The major averages closed higher in a volatile trading session as traders bet that the Federal Reserve may be nearing the end of its rate hiking cycle. The Dow Jones Industrial Average  rose 75 points, or 0.23%, after climbing up as much as 481.38 points and then fell nearly 200... Read More

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Diamonds and Dogs

3/23/23

KB Homes (KBH) holding in there even with higher interest rates. The homebuilder is up 9% as the company beat estimates as sales revenues fell 1.4% to $1.38 billion. A dramatic jump in mortgage rates has caused a housing correction as buyer cancellations spiked to 68% in the fourth... Read More

3/22/23

AI stocks continue to soar. Chipmaker, Nvidia (NVDA) is up 5% not far from a 52 week high after positive comments from their developer conference. Nvidia announced partnerships with all the big boys like Amazon, Adobe, Google, Microsoft and AT&T to provide the next generate chip and technology to... Read More

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