A Roller Coaster Week

Friends I hope you have your seatbelt fastened tight because this week’s roller coaster ride continues. Today, the bulls had the upper hand as after a plethora of economic data before the opening bell, stocks surged to the upside once trading began. As the session wore on, stocks added...

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Stocks Tumble On Rate Hike Fears

Friends Everyone has been bellyaching that stocks haven’t moved (shown any volatility) for months-well, we got some movement today. Unfortunately for the bulls, the selloff in stocks today was triggered by hawkish comments by a Fed Governor this morning before the opening bell. Just when investors were getting comfortable...

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Negative Bias

Friends Stocks look to be taking on a slightly negative tone as we work our way into September. Nothing of any real consequence, but it appears that market participants are a little bit hesitant to add to long positions at the moment. We are still trying to determine if...

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Back To Work

Friends Ok, everyone should be back from the Hamptons now and trading volume and interest should pick up. Today, we did see a bit of volatility as stocks spent time in both positive and negative territory. By the close, the bulls had the upper hand, but I wouldn’t call...

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A Goldilocks Jobs Report

Friends Well, it appears we had a goldilocks type of jobs report this morning. Oh, it disappointed on some levels, as the 151,000 new jobs created was less than the 180,000 or so expected, and the 0.1% increase in average hourly earnings was somewhat anemic, but market participants found...

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