Archive for category: Market Commentary

2nd Day of Gains

Friends Turnaround Tuesday, oversold rally or a dead cat bounce, whatever you want to label today’s stock market snapback, it was not unexpected. What happens after a day like this, though, starts to give us an idea of what lies ahead. If there is follow through tomorrow and the...

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Label The Bounce

Friends Turnaround Tuesday, oversold rally or a dead cat bounce, whatever you want to label today’s stock market snapback, it was not unexpected. What happens after a day like this, though, starts to give us an idea of what lies ahead. If there is follow through tomorrow and the...

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Brexit On The Mind

Friends In early trading, market participants were bold in the face of tomorrows Brexit vote sending stocks nicely higher, but as the day wore on and polls showed the vote to be almost dead even, some doubt and fear crept into the equation and stocks tumbled into negative territory....

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Yellen and Brexit

Friends At least Janet Yellen didn’t do any damage during her testimony before the Senate Banking Committee. It still appears that a dovish tone has been struck at the Fed and unless there is a miraculous improvement in economic data in the coming weeks and months, the glide path...

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