Friends Well, why should today be any different? Yes, once again, on this final trading day of January, volatility was the name of the game. The 4th quarter GDP number came in a bit light at 2.6% (remember, the market was looking for 3.2%), but on the whole economic...
Friends The buzz word for 2015 has been volatility, and today was no different. After waffling back and forth from negative to positive territory in early trading, the bulls decided to step up to the plate and drove stocks higher as the afternoon wore on. What...
Friends The Fed statement sent market participants into a tizzy. Here is a rundown in the change of wording in the FOMC statement. First, the economy has moved from "moderately better" to "solid". Inflation is falling further below the Fed target while employment is...
Friends With the coming snow storm on the East coast, trading in stocks was light today, and might be virtually nonexistent tomorrow. For the first time in a long time, there was almost no volatility as stocks just drifted near the breakeven mark all day. Neither the...
Friends With the coming snow storm on the East coast, trading in stocks was light today, and might be virtually nonexistent tomorrow. For the first time in a long time, there was almost no volatility as stocks just drifted near the breakeven mark all day. Neither the...
Friends It appeared that after yesterday's rally, buyers simply were not to be found today as stocks drifted into negative territory for the entire session. Oil didn't help the situation as once again the black gold continued to trend lower. Finally, earnings continue...
Friends We had another banner day for volatility, but the bulls ended up the big winners by the end of the trading session. Pre-market, traders waited for word out of the ECB as stocks looked poised to rally on the potential QE news. Well, Mr. Draghi did deliver on...
Friends Nothing new for 2015, as the Dow endured another 200 point swing during the trading session. After opening lower, stocks rallied some after a rumor surfaced as to what the ECB QE might look like (we should find out officially tomorrow), but then fell back into...
Friends It seemed like today's volatility (and yes, there was more volatility today) was simply traders not sure what they wanted to do after the 3 day weekend. Stocks had a little spike to the upside at the opening of trading, but before too long market averages were...
Friends As some foreign exchange trading firms try to pick up the pieces after yesterday's Swiss shocker, the stock market experienced a somewhat tamer trading session, as market participants seemed somewhat wrung out from this week's unbelievable action. Oh don't get...
Friends I hope you got our earlier email today with our quarterly report. If not let me know and we'll get it to you. As for today, well let's just say there never is a dull moment. We woke up this morning to the news that the Swiss National Bank decided to rescind...
“Stocks are trading near all-time highs just as the whiff of global deflation descends upon the markets, and volatility has reared its ugly head as professional traders and home gamers alike try to navigate the moment to moment gyrations that seem to have become a...
"Stocks are trading near all-time highs just as the whiff of global deflation descends upon the markets, and volatility has reared its ugly head as professional traders and home gamers alike try to navigate the moment to moment gyrations that seem to have become a...
Friends Another active day of trading as stocks reacted in a very negative fashion to the very disappointing retail sales number released before the opening of the session. The Dow opened up to a 200 point loss and by midday that number was well over 300 points, but...
Friends Just a wild and crazy day of trading. After a stellar 270 point Dow rally in early morning trading, worries about the lack of QE conviction of the ECB (yes, the Germans are grumbling) sent stocks tumbling to a triple digit Dow loss (an over 400 point swing)....
