Stocks Crumble Into Month End

Stocks Crumble Into Month End

Friends Stocks had a lousy day on this final trading session for April, as the selloff began at the opening bell and got worse as the day wore on. Traders seemed totally uninterested in doing any buying with all the mixed signals they have had to absorb this week. Oil...

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Stocks Crumble Into Month End

GDP Flops, Fed Waits

Friends We have discussed for some time now that the Fed would like to raise interest rates at least one time this year to get the Fed Funds rate off of zero percent, which they perceive as more of an emergency monetary policy stance. Unfortunately for Chair Yellen...

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Stocks Crumble Into Month End

Rumor Sparked Volatility

Friends Stocks experienced a bit of volatility today, seesawing between positive and negative territory and being influenced by the rumor mill. After a decent positive opening, news that the Iranians had seized a U.S. ship of some sort, sent stocks tumbling into...

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Stocks Crumble Into Month End

Busy Week Ahead

Friends We have a week chocked full of earnings releases and economic data in store for us, not to mention an FOMC meeting. We start with Apple's earnings after the close today, and then the earnings reports keep on coming. On the economic front we get a look at first...

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Stocks Crumble Into Month End

Stocks Set Highs as Earnings Stream In

Friends Despite the feeling of doom that seemed to spread over the market as we entered the current earnings season, stocks have fared quite well, despite the somewhat mixed results we have seen from U. S. Corporations. It seems that since expectations had been...

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Stocks Crumble Into Month End

Earnings Interpretations

Friends Traders "interpreted" some major corporate earnings reports from the likes of Coca-Cola and McDonalds as positive, and sent stocks higher after an early morning decline. As we have pointed out, how stocks react to an earnings report depends a lot on the...

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Stocks Crumble Into Month End

Mixed Results

Friends As we suspected, the volatility continues, as today stocks reversed an early rally and spent the remainder of the trading session in decidedly negative territory. The early read on corporate earnings seems to be that companies are still finding ways to bring...

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Stocks Crumble Into Month End

Stocks Recover Friday’s Losses

Friends As China lowered their reserve requirements over the weekend (more QE/stimulus), stock futures perked up and set us up for a positive opening as the week began. Basically, stocks recovered the losses that they incurred on Friday, but remember this week and...

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Stocks Crumble Into Month End

Stocks Spring A Leak

Friends Overnight news out of China, weakness in Europe, Greece as always, and problems with Bloomberg machines, set the tone for a weak opening for stocks, and that is what we got. As the morning rolled on, stocks continued to fall and by early afternoon the Dow was...

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Stocks Crumble Into Month End

A Very Quiet Drift

Friends Stocks drifted aimlessly throughout the trading session today despite another decent earnings report from a financial institution (Citi in this case), a surprisingly bullish report from Netflix, and a few successful IPO's including ETSY and Party City. Traders...

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Stocks Crumble Into Month End

Stocks Climb Again

Friends For the second day in a row stocks reacted positively to earnings reports, whether good or not. That is a theme that the bulls would like to see develop. With lowered expectations perhaps we'll get investors thinking "well those earnings aren't as bad as...

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Stocks Crumble Into Month End

Decent Start To Earnings Season

Friends With good earnings from a couple of money center banks, JP Morgan and Wells Fargo, and a decent report from Johnson & Johnson , traders celebrated a nice beginning to what figures to be a challenging earnings season. Stocks spent the day in positive...

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Stocks Crumble Into Month End

2015 2nd Quarter Outlook

"For the stock market, 2015 is beginning to remind us of 2011‐ a lot of volatility and not much direction. Stocks are facing many headwinds, including, valuation, a tepid economic backdrop, suspicious corporate earnings growth, and the double edged swords of lower...

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2015 2nd Quarter Outlook

2015 2nd Quarter Outlook

"For the stock market, 2015 is beginning to remind us of 2011‐ a lot of volatility and not much direction. Stocks are facing many headwinds, including, valuation, a tepid economic backdrop, suspicious corporate earnings growth, and the double edged swords of lower...

read more
Stocks Crumble Into Month End

GE Spurs Rally In Stocks

Friends A restructuring deal announced by GE this morning, which includes an enormous stock buyback, seemed to spark the animal spirits just a bit as stocks enjoyed a nice day of gains. Of note is that the Dow recaptured the 18,000 level and the S&P was able to...

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