Archive for category: Market Commentary

Happy New Year!

Happy New Year!

Friends Again, another quiet day on this last day of trading for 2015, and yet again another day where the bulls never showed up. Stocks spent the day drifting lower and lower and lower into negative territory, so much so that the market averages as measured by the S&P...

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A Lump Of Coal

A Lump Of Coal

Friends Just as the sellers seemed to have disappeared yesterday, the buyers appear to have closed the books on 2015. It wasn’t so much that there was a strong selling emphasis as there just didn’t seem to be any buyers around. Subsequently, stocks drifted further into negative territory as...

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Fed Raises Rates

Fed Raises Rates

Friends It finally happened. The Fed has actually raised interest rates. Yes, it’s only ¼%, but it marks the first time the Fed has raised rates in 9 years and the first time we have been off of the emergency 0% interest rate policy (ZIRP) in almost 7 years. Market...

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Fed Watch Rally

Fed Watch Rally

Friends We are officially in Fed watch mode. The FOMC two day meeting began today and we’ll get the decision tomorrow. Of course, the expectation is that the Fed will raise rates a quarter of a point, then try to “soften” the blow by maintaining that the glide path...

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