Archive for category: Market Commentary

May Was A Dud!

May Was A Dud!

Friends May is finally over, and it was not a good one for stocks or commodities. With the domestic economic numbers definitely slowing somewhat, coupled with the continuing drain that is the European dilemma, investors have chosen to accept zero interest rates instead of dealing with the volatility that...

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Nice Tuesday!

Nice Tuesday!

Friends Even with the continued concerns that Greece’s days in the Eurozone may be coming to an end, and the continued problems in Spain and Spanish banks, stocks staged a rather surprising rally today. Like a fighter who can take punch after punch, stocks shrugged off the rust from...

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Thoughts on Facebook

Thoughts on Facebook

Friends Today is Facebook Day. The business channels as well as the general media are droning on incessantly about the IPO (Initial Public Offering) of the social media company that begins trading this morning. My thoughts on Facebook are as follows. First, it is one of America’s great success...

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The Facebook Flop

The Facebook Flop

Friends Well, Facebook day was a major disappointment. There was a technical glitch on NASDAQ which resulted in a 45 minute delay in opening the stock and then traders could not get fill reports on what they paid for buy orders or what they received for sell orders. It’s...

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