CHJ Cares Program donated to local nonprofit Leaping Butterfly Ministry The Seed of Faith Celebration. The annual fundraiser’s goal is to help bring awareness and support to those touched with Turner Syndrome. The $85,000 raised from the event will go towards sponsorship of the Echocardiogram room for the new...
Archive for month: February, 2016
The Week Ends Quietly
Friends The Bulls attempted to overrun the 1950 level on the S&P this morning, aided by a spike in oil prices. But, the Bears were able to hold the line, at least for the moment, as oil prices gave up those early gains. After a brief scare earlier in...
Impressive Reversal
Friends Well today was different. After a sizable 250 point Dow tumble in early trading, oil reversed on positive inventory news and stocks staged an impressive reversal rally. By the close, the Dow Jones Industrial Average was up 53 points to finish the day at 16,484. The S&P 500...
Bulls Give Yesterday’s Gains Back
Friends Stocks experienced a difficult day, and we can’t say that we were surprised. After a nice weeklong rally, we were bumping up against some major resistance, that short of some major new catalyst (perhaps something like a spike in oil prices), was going to be difficult for the...
The Bulls Are Challenging
Friends Well, that’s a nice start to the new week. Overseas markets rallied overnight, oil rallied and the U. S. stocks joined the party. There really wasn’t much volatility as we spiked in early morning trading and basically held right at resistance for the remainder of the trading session....
Quiet Ending To A Good Week For The Bulls
Friends It was another somewhat quiet day of trading, though we did have a little more volatility than yesterday. Considering the robust three day rally that we had, a couple days of consolidation wouldn’t be the worst thing that could happen at this point. Of course, it would be...
The Pause That Hopefully Refreshes
Friends After the torrid three day rally, the stock market took a pause today to catch its breath. Let’s just hope it’s a pause that refreshes, not a “hit a brick wall”/ resistance type of pause. The trading action was light and volatility was non-existent during the trading session...
A Trend?
Friends Can we call three days in a row a trend? Ok, we won’t get carried away with the three day rally we have just experienced, but it sure seemed to come at a good time. Sentiment had gotten so negative, the number of bears out there was rivaling...
A Reprieve Before The Weekend
Friends The market gods gave us a reprieve as we enter the 3 day weekend. Instead of panicking after another awful overnight session in Japan, traders fed off the rise in oil prices and drove stocks higher and higher as the trading session wore on. We did get a...
Could Have Been Worse
Friends Boy there is a lot to discuss so we’ll dive right in. After another round of overseas selling overnight, stocks were immediately under pressure as the trading day began. After an initial selloff, stocks seemed to bide time while we waited for the second day of testimony, this...
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