Archive for category: Market Commentary

Stocks Quiet As Politics Unfold

Friends Despite all the political headlines, the stock market seems to be totally disinterested at the moment. Today’s action saw very little movement in either direction as traders continue to monitor the balance of the earnings season, an FOMC meeting which begins tomorrow and concludes on Wednesday, ¬†and a...

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Mixed Earnings Picture

Friends Earnings are the story, and in some cases it is somewhat of a Halloween horror story. There were a couple better than expected reports given lower expectations like P&G and Lockheed Martin, but more frequent were the disappointments of the likes of Under Armour, Whirlpool, Sherwin Williams, MMM,...

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Earnings & Mergers

Friends Deals, earnings reports, Fed speak and the final weeks of the presidential campaigns. Markets had a lot to chew on today and for the most part market participants looked at the bright side of the proceedings. The AT&T deal to buy Time Warner led the news, but it...

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29 Years Ago Today

Friends Yes, we only have early returns, but so far earnings season is off to a good start with nearly 80% of the companies that have reported so far beating estimates. Again, we still have a majority of companies still to report, so we won’t get too excited just...

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Stocks Tumble Then Recover

Friends As we have mentioned lately, volatility is definitely back. Stocks plummeted right from the opening this morning, culminating in a 184 point Dow loss, before the bulls stepped in and did some buying. By the close, stocks had recovered to eliminate most of the early gains, as important...

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