Archive for category: Market Commentary

Down Day But Good Month

Down Day But Good Month

Friends Despite a slightly difficult day for stocks on this final trading day of the month, February ends up being a good one for the stock market. After January’s mess, the bulls were pleased to see stocks react positively despite a mixed earnings season, uneven economic data and continued...

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Another Quiet Session

Another Quiet Session

Friends It was a day chocked full of economic data points, but not much else. As for that economic news, the CPI continued to decline, mainly due to the fall in energy prices, Durable Goods orders rebounded in February after a lousy January number, and weekly jobless claims number...

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A Quiet Drift

A Quiet Drift

Friends Janet Yellen’s second day of testimony provided some entertaining exchanges between grandstanding politicians and the increasingly annoyed Fed Chair, but as for market participants, nothing new to act upon. Stocks basically drifted aimlessly for the entire trading session, providing very little range of motion for traders to operate...

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Yellen Holds Her Own

Yellen Holds Her Own

Friends All eyes and ears were focused on Fed Chair Janet Yellen’s sometimes contentious testimony before the Senate Banking Committee this morning (she wasn’t letting anyone put words in her mouth), as market participants were trying to determine just when the Fed will begin to raise interest rates. Well,...

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Unusually Quiet Day

Unusually Quiet Day

Friends Stocks drifted aimlessly for most of the trading session, which was unique in that it did not include the wild volatility that we have seen since 2015 began. Traders seemed mostly uninterested as there was no real market moving type news to actually act upon. Yes, we are...

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