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...
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)....
Friends Those hoping that the correlation between stocks and oil prices would dissipate are becoming disappointed, as the continuing decline in oil prices seems to be weighing on the stock market. We've mentioned a few times now that while falling oil prices might be...
Friends Despite a relatively good non-farm payroll number (252,000 new jobs created and a 5.6% unemployment rate), stocks spent the trading session in negative territory, as events in Paris seemed to weigh on the market psyche. The negative component of the...
Friends The bulls, emboldened by a Fed Governor's dovish statements last evening, resurrected the "don't fight the Fed" bandwagon and stocks soared to the upside right from the beginning of the trading session. No, oil didn't really participate in today's assets...
