Archive for category: Market Commentary

Upward Drift

Friends  As we have referenced, we are, indeed, in the dog days of summer. Stocks did trade in positive territory for most of the trading session, but not in a very convincing manner. After the flood of corporate earnings reports and economic data that we have received the past...

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Apple Roars/Stocks Whimper

Friends  Despite blowout earnings from Apple, a hot ADP employment number and a constructive economic outlook from the Fed, stocks coughed up early gains and drifted without much direction into the close. The FOMC release, as expected did not include an increase in the Fed Funds rate, but as...

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