Archive for category: Market Commentary

Fed Statement

Fed Statement

Friends Before the Fed statement which was released at 1:00 our time, stocks were just biding time, basically straddling the breakeven line. But the statement, which was a bit more bullish/hawkish than we have seen, seemed to reinforce the notion that interest rate increases would be forthcoming possibly sooner...

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Another Wild Ride

Another Wild Ride

Friends With a backdrop of students protesting for more democratic freedom in Hong Kong, stocks tumbled decisively in early morning trading with the Dow falling as much as 178 points. But as the day wore on, bargain hunters started picking at the pieces and prices recovered some in afternoon...

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Volatility Continues

Volatility Continues

Friends I don’t know about y’all, but I feel a little nauseous having been on this stock market roller coaster this week. After yesterday’s mess, stocks rallied hard today, not quite recovering all of yesterday’s losses, but nice gains regardless. The final revision to 2nd quarter GDP was impressive,...

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