Archive for category: Market Commentary

Give Some Back

Give Some Back

Friends Stocks decided to give back some of this week’s gains today as the Dow Jones Industrial Average finished the day down 179 points to finish just above 11,000 at 11,010. The S&P 500 was down 24 points to close at 1151. Commodities were all down as the dollar...

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Fed Twists/Market Shouts

Fed Twists/Market Shouts

Friends, Traders waited with baited breath for the Fed release today. We basically got the “twist” that we were expecting, where the Fed will buy longer maturity bonds and sell shorter maturity bonds. The problem is that the Fed’s statement certainly ramped up the verbiage on the global slowdown...

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Rally Give Up

Rally Give Up

Friends Well, we had a rally for most of the day, but further disappointment out of Greece contributed to stocks giving back all of their earlier gains that had the Dow up 130 points early in the morning. The Dow Jones Industrial Average finished the day up a meager...

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