Archive for category: Market Commentary

News Driven Week

News Driven Week

Friends As the Libyan situation continues to be in the forefront of trader’s minds, every rumor sends the market careening in one direction or another. Yesterday we first heard that Gadhafi had chemical weapons ready to be used. Market goes down. Later in the day we get a rumor...

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It Ain’t Pretty

It Ain’t Pretty

Friends Austerity doesn’t feel too good when it’s your privileges and money that someone wants you to do without. We are seeing in Wisconsin that the austerity movement has come to our shores, and sometimes it is not pretty. This is only the beginning of the discussion as politicians...

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The Week Ahead

The Week Ahead

Friends As we return this Monday, stocks seem to continue to want to move higher. At the close the S&P was slightly higher. Still, traders continue to be concerned with valuation and the fact that we have not had any sizable retracement in prices in quite a while. As...

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Money Flows

Money Flows

Friends Welcome from the frozen tundra here in Texas. What the heck is going on around here. If this is what “climate change” is all about, you can count me out. Anyway, let’s get to the markets. As we reported earlier in the week, stocks got above the Dow...

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