Archive for category: Market Commentary

What A First Quarter!

Friends How can you blame traders, investors and market participants in general for simply being exhausted? The ride that we all experienced in the first quarter of 2016 was one for the books. As you well know, stock indexes tumbled 10% to the downside by the time we were...

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Bulls Add As Quarter-End Nears

Friends The bulls continued to display their enthusiasm for Fed Chair Yellen’s dovish comments yesterday, and drove stocks higher from today’s opening bell. After the first hour of trading, though, stocks drifted for the remainder of the trading session. The ADP number came in right about as expected with...

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Dovish Janet Delivers

Friends Fed Chair Janet Yellen spoke before the Economic Club of New York today and delivered the goods for those who were hoping for a more dovish stance from the Fed. Despite some hawkish comments from Regional Fed Officials over the past week or two, Ms. Yellen laid out...

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Quiet Day, Mixed Results

Friends It appeared that traders were still feeling the effects of the holiday weekend, as trading volume was very light and volatility very modest. Yes, after drifting higher in early afternoon trading, stocks fell slightly with news of gunshots at the Capital Visitor’s Center, but all-in-all it was a...

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Bulls Wipe Out 2016 Losses

Friends The bulls stepped up in today’s trading session, buoyed by the dovish Fed statement from yesterday, a weak dollar and surging oil prices, and went on a buying spree. Minus a weak health care sector, stocks were up across the board with industrials, materials and energy leading the...

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