Giving back to our community is an integral part of our company and we were delighted to support our community during the 2015 holiday season.
Embracing Our Community 2015
Happy New Year!
Friends Again, another quiet day on this last day of trading for 2015, and yet again another day where the bulls never showed up. Stocks spent the day drifting lower and lower and lower into negative territory, so much so that the market averages as measured by the S&P...
A Lump Of Coal
Friends Just as the sellers seemed to have disappeared yesterday, the buyers appear to have closed the books on 2015. It wasn’t so much that there was a strong selling emphasis as there just didn’t seem to be any buyers around. Subsequently, stocks drifted further into negative territory as...
Did Santa Leave Us A Present?
Friends So much for a quiet week. Yes, trading was somewhat light, but the bulls were out in force right from the opening bell, and all the way until the end of the trading session. On the economic front both the Case-Shiller housing price index and the consumer confidence...
Stocks Drift Towards Year End
Friends It isn’t a real surprise that trading in stocks today was very quiet. From the get go, the tone to the market had a negative bias, but there really wasn’t much enthusiasm for either side of the trading ledger in today’s session. After stocks drifted to a sizable...
Santa Is Coming To Town
Friends No, it’s not officially the Santa Rally, but it appears he may be heading this way. For the third day in a row, stocks found some buying enthusiasm from market participants. I wish I could provide a brilliant analysis and reasoning as to why this week’s rally is...
The Bulls Are Fighting Back But…
Friends As we close in on the Christmas holiday, the bulls seem determined to salvage something during this joyous season. Stocks climbed slowly but surely as the trading session unfolded and by the close the market averages were sporting some nice gains. On the economic front, we got the...
The Bulls Give It A Shot
Friends After last week’s unmitigated disaster in the stock market, it appeared the bulls had organized their shopping list and were poised to do some buying this morning as trading began. Indeed, stocks saw a robust opening as the Dow climbed more than 150 points, but as the trading...
Fed Raises Rates
Friends It finally happened. The Fed has actually raised interest rates. Yes, it’s only ¼%, but it marks the first time the Fed has raised rates in 9 years and the first time we have been off of the emergency 0% interest rate policy (ZIRP) in almost 7 years. Market...
Fed Watch Rally
Friends We are officially in Fed watch mode. The FOMC two day meeting began today and we’ll get the decision tomorrow. Of course, the expectation is that the Fed will raise rates a quarter of a point, then try to “soften” the blow by maintaining that the glide path...
