Archive for category: Market Commentary

Pushing Through Headwinds

Friends  Despite the concerns the effects of the Government shutdown might have on the economy by extension corporate earnings, share prices rose today despite less than stellar bank earnings reports. Again, how stocks react to the earnings release give us a look into whether they were priced accurately going...

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Down But Quiet

Friends  Though we’ve had a couple down days in a row, volatility seems to be lessening and the losses have been muted. As we’ve mentioned, we have bumped into resistance so it will be interesting to see if the bears can keep up the pressure, or will the bulls...

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A Muted Rally

Friends  After last week’s large moves, today’s market action almost felt muted. Yes, we did have some volatility but for the most part stocks traded nicely in positive territory for most of today’s trading session. On the economic front the ISM non-manufacturing number was a little on the weaker...

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The Perfect Mix Of News

Friends  The markets couldn’t catch a break yesterday. Everything that could go wrong did, led by the disappointing news from Apple. Today, it was just the opposite. First, we got an eye popping non-farm payroll number with 312,000 new jobs created in December. In addition we saw upward revisions...

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Stocks Tumble On Apple News

Friends  After the close yesterday, Apple pre-announced a significant downgrade to their first quarter earnings estimate. When the world’s biggest company warns of bad news, markets tend to get a bit jittery. Stocks opened lower this morning despite a very strong ADP private payroll number, and headed lower after...

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Happy New Year!

Friends  The markets were kind enough to end on a high note. I guess that’s the least they could do after the December that they put us through. Stocks opened higher, gave up the gains midday, but rallied into the close.  For the day, the Dow Jones Industrial Average...

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