“As we entered 2016 Fed officials were puffing out their chests and declaring that as many as 4 or even 5 rate hikes were warranted for the coming year.” Click the link below to read our full comments. 2016 2nd Qtr Outlook
2016 2nd Quarter Outlook
Held The Rally
Friends We finally held on to one today. After days of failed rallies it appeared that a pattern was beginning to develop-up in the morning only to sell off in the afternoon. As you may know, that is a pattern we do not want to see become the norm....
Failed Rallies
Friends The last couple of trading sessions, stocks are finding it difficult to hold on to early gains. After a nice triple digit Dow advance in early morning trading, stocks drifted into negative territory by the last half hour of trading. Earnings season officially kicks off today with the...
Back Down
Friends It is amazing how quickly sentiment can turn. Today’s trading action is the kind that wakes up the bears. Oil prices falling, interest rates continuing to decline (bond prices rise), central banks around the globe in full accommodative/panic mode, fuel a tumbling stock market. What has changed since...
Fed Minutes Help Stocks Recover
Friends The FOMC minutes were released this afternoon from last month’s meeting, and despite the urging of a few of the hawks on the committee to raise rates now, and actually a couple of the voting members, it was apparent that the doves (the majority) were having none of...
The Hangover Continues
Friends The hangover from the multi week advance in stocks continues to linger as share prices once again sell decisively into negative territory. As mentioned yesterday, we’re in somewhat of a data and news vacuum at the moment and until earnings season gets going with a vengeance, traders appear...
Carlton, Hofferkamp and Jenks Cares Program Supports Operation Military Embrace
In Honor of National Military Appreciation Month – Carlton, Hofferkamp and Jenks Cares Program Partners With Operation Military Embrace By Hosting A Military Collection Drive For the Month of May. All donated items can dropped off at our office during the month of May. View the list of items...
Sluggish Start To The Week
Friends Stocks got off to a sluggish start as trading began for the week, and the malaise continued throughout the trading session. Remember, we are just embarking on the journey that will be earnings season, and perhaps market participants are a bit hesitant to push the envelope before the...
Jobs Report Fine/April Gets Off To A Good Start
Friends All eyes were on the employment report this morning and there were really no surprises. 215,000 new jobs were created in March and the unemployment rate ticked back up to 5% (more job availability is bringing more unemployed off of the sidelines to start looking for a job...
