August Grinds To A Close

Friends Stocks closed the month on somewhat of a sour note, and when all was said and done the market averages experienced little movement in August. The ADP employment report came in about as expected with 177,000 new private sector payrolls added in August. Of course, Friday’s non-farm payroll...

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Nice Start To The Week

Friends With help from financial shares, stocks traded higher today right from the opening bell.  Most of the gains occurred in the first half hour of trading, but at least the bulls were able to hold onto those gains as the trading session wore on. Pundits increased the likelihood...

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Wake Me Tomorrow

Friends Leading into Janet Yellen’s speech at Jackson Hole, Wyoming tomorrow, today’s better than expected durable goods order showed signs of life in the manufacturing sector. Of course, not this nor anything else seemed to be of any interest to traders. Stocks did virtually nothing for the entire trading...

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The Bulls Tire

Friends The bulls tried to rally the forces today, and for a brief moment this morning, we did have stocks parked nicely in positive territory. But the rally faded quietly for the remainder of the trading session leaving us with modest gains in the market averages, and a disappointed...

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Markets Drift

Friends The trading week begins just as the last couple have ended-no volatility, no volume and a whole lot of nothing going on. Fed Governors continue to give speeches as we work our way towards Jackson Hole later this week, but at this point if it doesn’t come out...

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A Quiet Week

Friends Today marks our 6th anniversary here at CHJ. It’s been such a rewarding journey these past six years, and we can’t thank all of you enough for allowing us to be part of your lives. We take the trust you place in us very serious, and we continue...

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Oil Rises, Stocks Drift

Friends Despite Walmart delivering a good earnings report, perhaps validating that the consumer is alive and well, stocks spent the day in an aimless drift. We have often mentioned the dog days of summer and today’s action was a glaring example- almost no volatility and very little volume. Of...

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