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Monthly Archives: April 2023

Stocks close modestly lower as earnings mostly better than feared

Bankers are people who lend their umbrella in good weather, but who want to have it back as soon as it starts raining. – Mark Twain The first quarter earnings season was the primary focus for investors last week and the results were decidedly mixed, leading to only modest losses of less than a half […]

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Stocks gain on favorable CPI data, better than expected bank earnings

So smile when you read a headline that says ‘Investors lose as market falls.’ Edit it in your mind to ‘Disinvestors lose as market falls – but investors gain.’ Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. – Warren Buffett  There were […]

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Major stock averages close mixed as jobs-related data softens

Before you invest, you must ensure that you have realistically assessed your probability of being right and how you will react to the consequences of being wrong. – Benjamin Graham  The major stock averages were mixed in the holiday-shortened week as investors digested a plethora of jobs-related data that appeared to show the economy is […]

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Stocks rally on improved bank sentiment, favorable inflation data

The courage to press on regardless of whether we face calm seas or rough seas, and especially when the market storms howl around us, is the quintessential attribute of the successful investor. – John Bogle  After a slow start to the week, stocks found their footing and never looked back as the major stock averages […]

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