Archive for category: Market Commentary

The Stock Market is Rigged?

The Stock Market is Rigged?

Friends Last night on 60 Minutes, there was a segment focusing on Michael Lewis’s new book which evidently focuses on High Frequency Trading and the unfair aspects of machines front running human beings. In the interview, Mr. Lewis claims the stock market is “rigged”. First of all, the practice...

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Stocks Rally Again

Stocks Rally Again

Friends Stocks enjoyed another nice trading session, as decent economic news (a better than expected Case -Shiller Index showed strength in housing prices) and lack of any new disturbing news in Ukraine, had traders in the buying mood. The Fed began its 2 day FOMC meeting today, and it’s...

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Quietly Choppy

Quietly Choppy

Friends Trading was quiet today, as the market averages spent time in both the black and the red throughout the session, but never very far from the breakeven point. The weekly jobless claims number was slightly better than expected coming in at 311,000 for the week. Very gradually that...

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Dow Masks Weakness

Dow Masks Weakness

Friends If we were just looking at the Dow Jones Industrial Average today, we might be tempted to say that it was a pretty non-eventful trading day. But the broader market averages had much more trouble, with the NASDAQ actually down by more than a percent. The Dow, not...

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