Archive for category: Market Commentary

Another Reversal Day

Another Reversal Day

Friends Well, we had another reversal today, unfortunately this was one that saw the market averages give up some hard earned early morning gains. Buoyed by seemingly more hawkish remarks from Fed Chair Yellen on Thursday afternoon (after she fumbled the ball last week), stocks got off to a...

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Lack of Direction

Lack of Direction

Friends Despite a small early morning rally, stocks never seemed to be able to find good footing today, as shares drifted along in negative territory as the trading session wore on. Other than a plea from former “bond king” Bill Gross for the Fed to bite the bullet and...

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Stocks Slump

Stocks Slump

Friends Stocks, fueled by weakness overseas, got off to a very difficult start at the opening of trading and spent the rest of the day trying to lessen the damage. Continued concern of global slowing seems to be weighing on the minds of market participants. On the domestic economic...

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Fed Confusion

Fed Confusion

Friends Where do I begin? It wasn’t that today’s decision by the Fed to not raise interest rates was much of a surprise. The markets may have been sniffing that out all week. What was a surprise was the language in the statement and Ms. Yellen’s comments in the...

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