Friends Trading was quiet on this final session of the month. Now that the Fed is believed to be on hold for a while, traders are searching for the next market catalyst. On the economic front, weekly jobless claims came in a little light, but on the other hand...
Friends As expected, the Fed did nothing today. The “not so much” anticipated FOMC meeting release indicated that the Fed is on hold with its current policies at least for a while longer. No mention of taper, which seems likely to have now been put off until early next...
Friends After yesterday’s very quiet trading, stocks saw a little more action today. The bulls seem emboldened by the fact that the economic data we have received over the past few days is indicating that the economy is drifting and inflation is contained. Yes, actually that can be interpreted...
Friends Traders seemed to want to remain on the sidelines today while waiting on the Fed meeting this week. We continue to see mixed results in earnings reports as the corporate reporting calendar begins to wind down, while on the economic front the Industrial Production number was decent this...
Friends The week ended with a quiet day of trading. Stocks had a positive bias, but the participation seemed to be lacking. This was a busy week of earnings reports, some pretty good, some not so good. As we have noticed for the past 4 years, revenues have been...
Friends Stocks struggled today as the market averages spent the entire trading session in negative territory. Some, less than stellar, earnings reports set the tone before trading began, and the bulls seemed uninterested as the day wore on. After the nice run we’ve had in the past week, a...
“It should have been no surprise to anyone, that recovering from a near financial collapse and a mountain of debt formed over decades, was going to be a long a laborious task for the U.S. economy.” Click the link below to read our full comments. 4th Qtr Outlook 2013
“It should have been no surprise to anyone, that recovering from a near financial collapse and a mountain of debt formed over decades, was going to be a long a laborious task for the U.S. economy.” Click the link below to read our full comments. 4th Qtr Outlook 2013
Friends After last week’s flurry of political activity, the markets seemed to show some signs of exhaustion today as stocks drifted in mostly negative territory for the majority of the trading session. Now that the government is back in action, we are going to get the September jobs report...
Friends Well at least we can put the politicians on the back burner for a short period of time, while we focus on earnings season and begin to get some government released economic data. Stocks did experience a little “sell on the news” action at the start of trading...
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