Archive for category: Market Commentary

5 Down Days In A Row

5 Down Days In A Row

Friends Stocks seemed to be just meandering along, when a report that Wal-Mart might be having a difficult quarter on the retail front sent stocks firmly into negative territory, where they languished for the remainder of the day. On the economic front, Durable Goods Orders for August were slightly...

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Rethinking The Fed Move?

Rethinking The Fed Move?

Friends It seems like, after some careful consideration, market participants have decided that the Fed decision not to taper just might have been based on a somewhat less than favorable view of the domestic economic and political condition. Remember, on Wednesday traders partied like it was 1999. Not so...

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Waiting On The Fed

Waiting On The Fed

Friends As market participants await the announcement from the Fed’s FOMC meeting tomorrow, stocks drifted calmly in positive territory for the entire trading session. Other than a benign CPI number, traders are squarely focused on the Fed’s decision. Will the beginning of the taper be announced tomorrow afternoon? Most...

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