Archive for category: Market Commentary

August Is Almost Over

August Is Almost Over

Friends Finally, good news was good news. Well, at least it was for most of today’s trading session. This morning’s surprising upward revision to 2nd quarter GDP and the continuously improving weekly jobless claims number certainly was the best domestic economic news traders have received over the past couple...

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Quiet Week Ahead?

Quiet Week Ahead?

Friends After Friday’s lousy new homes sales number, today’s durable goods number was even worse. The market reaction (if you can call it a reaction) was one of indifference as stocks drifted into higher territory for most of the session. Once Secretary of State Kerry had his Syria news...

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NASDAQ Trading Halt

NASDAQ Trading Halt

Friends It was a bizarre day in the markets, as NASDAQ halted trading for over 3 hours because of a technical problem. So, for a major part of the trading session, nothing much happened. Thank goodness there was nothing major, news wise, going on today. Stocks had been higher...

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