CHJ made our annual grocery shopping spree to help stock the Interfaith of the Woodlands food pantry. We look forward to helping Interfaith each year in assisting families in need in our community.
Thanksgiving Food Donation
Happy Thanksgiving
Friends As expected, trading was painfully light today, and the markets had very little movement during the session. Stocks did end on a positive note, but there was not much to get excited about. Perhaps caused by the government shutdown, the Durable Goods Orders number for October was disappointing,...
Lots Of Data/Little Action
Friends On the economic front we received some positive housing data as the Case-Shiller HPI showed accelerating home prices and the housing starts data was better than expected also. The negative data point today was the Consumer Confidence Number which was a lower reading than expected. None of this...
Quiet Beginning to Holiday Week
Friends Well, if today is any indication, we are in for a very quiet holiday week. Stocks drifted within a very narrow trading range for the entire session as traders seem uninterested in taking any big positions or making any major changes at the beginning of the week. As...
Stocks Keep Bubbling
Friends As the weather turns a bit nippy, stocks continued their year-end charge, as after drifting for most of the day, the major averages climbed to year highs by the close of the trading session. The bears continue to run for the hills despite the feelings that a...
The Year Of The Bull?
Friends As we suspected, the foolish hand wringing over stale Fed minutes did not last very long. The bulls captured the high ground once again today sending shares higher from the opening bell. On the economic front the weekly jobless claims number was slightly better than expected, and the...
Fed Minutes Trigger Some Selling
Friends Despite all the economic data released this morning, including a benign CPI number, a better than expected retail sales number and an as expected existing home sales number, stocks drifted aimlessly until the release of the Fed minutes at 1:00 PM our time. Somehow traders gleaned from the...
The Bubble Discussion
Friends It was a very quiet day of trading, as market participants appear to be trying to decide whether stocks are going to rally into year end, or is the end of the “bubble” that many experts are calling it, upon us. No doubt it has been quite a...
Lots Of Theatre
Friends Plenty of theatre today, as we got to watch the “dynamic” Janet Yellen do her job interview for the Senate Banking Committee, and then watch President Obama get shelled at his press conference on Obamacare. First Ms. Yellen made it perfectly clear that she will continue the accommodative...
Happy Veteran’s Day
Friends With both the bond market and the banks closed on this Veteran’s Day, stocks were very quiet, and difficult to take any cues from. Because of the holiday we won’t spend much time on lack of activity. For the day, The Dow Jones Industrial Average was up 21...
