Archive for category: Market Commentary

Beware of Labels

Beware of Labels

Friends Beware of labels. This morning stocks fell into “bear market” territory on the S&P 500 (down more than 20% from the top) only to rally to the plus side by midday. As the afternoon wore on, stocks fell again as delays in the “Greece” situation and little news...

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Give Some Back

Give Some Back

Friends Stocks decided to give back some of this week’s gains today as the Dow Jones Industrial Average finished the day down 179 points to finish just above 11,000 at 11,010. The S&P 500 was down 24 points to close at 1151. Commodities were all down as the dollar...

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Fed Twists/Market Shouts

Fed Twists/Market Shouts

Friends, Traders waited with baited breath for the Fed release today. We basically got the “twist” that we were expecting, where the Fed will buy longer maturity bonds and sell shorter maturity bonds. The problem is that the Fed’s statement certainly ramped up the verbiage on the global slowdown...

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