Markets Close Down on the Week
Friday, October 12th Again the market opens higher only to retreat and the S&P 500 Index struggles to hold the 1430 level on the week. The challenge on Friday came from the financials. Despite the Read More
Worry and Volatility Creeping Back Into Market
Welcome back to an old friend… worry! Scanning the headlines for the last week plus has produced a renewed emphasis on worry. The European bailout of banks, sovereign debt bailouts, US debt or “fiscal cliff”, Read More
Some Early Selling Test Investor Psyche
Thursday, September 20th The broad market indexes opened lower on worries about the global economy. The Philly Fed Survey was -1.9 for September better than the -4 estimates, and it was an improvement from Augusts -7.1 Read More
Random Thoughts on this Market
The market is in a strange position. The Federal Reserve took action against the odds and provided aggressive stimulus for a boost to the economy. It is what investors/markets were crying for. The feel or sentiment of Read More
Market Moves Higher on Stimulus
Friday, September 14th One headline that caught my eye today, “iPhone 5 Will Be More Help Than QE3!” from former Fed governor Ken Walsh. The reality is he may be more right than many want Read More
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