Friends How can you blame traders, investors and market participants in general for simply being exhausted? The ride that we all experienced in the first quarter of 2016 was one for the books. As you well know, stock indexes tumbled 10% to the downside by the time we...
Friends The bulls continued to display their enthusiasm for Fed Chair Yellen’s dovish comments yesterday, and drove stocks higher from today’s opening bell. After the first hour of trading, though, stocks drifted for the remainder of the trading session. The ADP...
Friends Fed Chair Janet Yellen spoke before the Economic Club of New York today and delivered the goods for those who were hoping for a more dovish stance from the Fed. Despite some hawkish comments from Regional Fed Officials over the past week or two, Ms. Yellen...
Friends It appeared that traders were still feeling the effects of the holiday weekend, as trading volume was very light and volatility very modest. Yes, after drifting higher in early afternoon trading, stocks fell slightly with news of gunshots at the Capital...
Carlton, Hofferkamp and Jenks Cares Program Partners With Wood Duck Farm To Donate Fresh Vegetables To Angel Reach’s Food Pantry. Read our Press Release: CHJ-PARTNERS-WITH-WOOD-DUCK-FARM-TO-SUPPORT-ANGEL-REACH-2016
Friends It appeared for most of today’s very quiet trading session that the drift lower that we have seen this week was going to continue. Indeed, stocks fell in early trading, but as the afternoon wore on the losses dissipated. Perhaps, as we mentioned, the...
CHJ Cares Program donated to The Woodlands Mothers of Multiples’ 10th Annual Golf Tournament and Silent Auction. The annual fundraiser raised more than $22,000 and goes towards helping WMOM’s work in building a support network to aid the parents of multiple births. ...
Friends It appears that the stock trading community is on an extended spring break. For a third trading session this week, volume has been light and volatility almost non-existent. Yes, we have drifted lower over the past couple of sessions, but more than bears...
Friends Just when we were settling in for a quiet week before the Easter holiday, we woke up this morning once again to news of terrorist attacks overseas. As in these situations before, it is difficult to comment on what happened in the stock market when lives have...
Friends Stocks drifted somewhat aimlessly for the entire trading session today. The lack of volatility and/or interest in getting involved may simply stem from the fact that after the dramatic action that we have seen over the past 11 weeks, market participants simply...
Friends The bulls put a cherry on top of this week’s, and for that matter the last five week’s stock rally as share prices pushed higher right from the beginning of today’s trading session. The Fed’s dovish statement this week led to a weakening dollar, which in turn...
Friends The bulls stepped up in today’s trading session, buoyed by the dovish Fed statement from yesterday, a weak dollar and surging oil prices, and went on a buying spree. Minus a weak health care sector, stocks were up across the board with industrials, materials...
Friends As expected, the Fed did not raise interest rates today. Also, as expected, the Fed dialed down their expectations for rate hikes in 2016. Going into the year the Fed had expressed the notion that four rate hikes were likely for calendar year 2016, but today...
Friends Stocks sold off on the opening of trading, but the bulls regrouped and by midday had stocks trading near the breakeven level. For the rest of the trading session traders seemed to be biding time before tomorrow’s conclusion of the FOMC meeting. On the economic...
Friends With the two day Fed meeting scheduled to begin tomorrow, markets seemed to be in a bit of a holding pattern, as neither the bulls nor the bears seemed interested in making anything more than a token gesture towards today’s trading session. Stocks spent the...
