Archive for category: Market Commentary

Fed Speak

Friends  The Fed, as expected left interest rates unchanged, but it wasn’t all quiet with regards to the FOMC statement and Chair Yellen’s subsequent press conference. Though they did not raise rates this time the Fed did indicate that there is a likelihood that they will raise rates one...

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Stocks Grind Higher

Friends  Despite a lousy retail sales number (could be affected by Hurricanes) and more drama from the North Koreans, stocks still advanced to new highs. It appears that the bears just can’t get a break, as despite all types of headline risk, stocks continue to forge ahead.  For the...

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Relief Rally

Friends  Florida got hit bad by hurricane Irma, but it wasn’t quite the destructive blow that many had feared. Add that to the fact the North Koreans didn’t fire any missiles or do additional nuclear tests over the weekend, and market participants were poised and ready to do some...

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