Archive for category: Market Commentary

It Was All About GM

It Was All About GM

Friends The big news this week was the General Motors IPO (initial public offering) and basically it totally consumed the media and the market on Thursday. In general, the offering was a success, as the price came at the high-end of the expected range ($33) and trading volume on...

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The Bears Growl

The Bears Growl

Friends After yesterday’s failure to hold a 100 point rally in the Dow, the markets faced a barrage of difficult news this morning. First, China had a sizable drop overnight and then the continued European debt problems provided the fuel for an early morning selloff. Some good news out...

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Choose a Side!

Choose a Side!

Friends, Although politics is what is on everyone’s mind today, I would first like to comment on the very important Federal Reserve announcement. Dr. Bernanke again declared that the Fed is “all in” and will do whatever is necessary to make asset prices rise (stocks?). The announcement that Fed...

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