Friends You should have received our 1st quarter outlook via email this morning, so we’ll just go straight to the numbers for today. After another seesawing day, by the close the Dow Jones Industrial Average was up 120 points to finish the day at 16,516. The S&P 500...

Friends Today’s trading had a little different flavor than the past 5 trading sessions. Yes, we spent time in negative territory after an early morning failed rally, but in the last half hour of trading stocks reversed a near 100 point Dow loss and turned it into a...

Friends The good news today was that the jobs number was much better than expected, as 292,000 new jobs were created in December. The bad news is despite or because of that, stocks fell once again, capping off the worst first week of trading of a new year ever (and...

Friends This miserable first week of trading for 2016 seems like it won’t ever end. Once again falling stock prices in China (that is quite a fiasco unfolding) fueled selloffs in overseas markets and led to futures down big before this morning’s open. Once trading...

Friends Another difficult day for stocks in this initial week of trading of 2016. Overnight we had news of the nut case in North Korea testing what was claimed to be an H-bomb. In addition continued currency devaluation in China and the seemingly never ending plunge...

Friends Things were a lot calmer today in the markets. Sure, we had some seesawing up and down, but for the most part it was a calm drift to nowhere. Pessimism for stocks appears to be growing as we move our way through the first week of trading for the year, and the...

Friends I wanted to take some time this week to wrap up 2015, but today’s stock market actions dictates that we leave 2015 behind (we’ll go into detail in the quarterly outlook which will be coming soon), and get right into the action of 2016. News of a collapse in...