Friends The GDP number was just released and the U.S. Economy grew at 3.2% for the 4th quarter 2010. The number is a little less than analysts were estimating (consensus was for 3.5%), but if we look back 6 to 12 months, we all would have been thrilled to...
Friends Just an update on today’s market action in response to the events in Egypt. Stocks sold off today as images of unrest in Egypt dominated the news cycle. The Dow Jones Industrial Average ended down 166 points. As we discussed this morning, a pullback from the noted resistance...
Friends As we find ourselves in the middle of earnings season, the sloppiness that we anticipated is indeed occurring. Stocks such as Apple, IBM and Google have had fantastic earnings reports. On the other hand, bank earnings have been a bit of a mess and the shares of these...
Friends Earnings season has begun, and stocks will take their cue each trading day from various company reports. Alcoa led us off with a nice earnings report early in the week, but as has been the case for the last several quarters, the stock sold off a bit on...
Friends I hope everyone had a great New Year’s celebration. The stock market started the week with a bang, as we had a very nice move up on Monday, the first trading day of the year. The rest of the week has been somewhat muted as we waited for...
“The major theme that we feel is developing as we enter 2011 is the flow of investable assets from bonds to stocks.” 1st Quarter 2011 Outlook
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