“Volatility has returned in spades as we enter the early days of the 4th quarter, and yes, much can be attributed to the continued slowdown in Europe and Asia, but it might not just be a coincidence that QE is also coming to an end.” Click the link below to...
Friends Just more of the same, as Monday’s trading was reminiscent of the past couple of weeks. Both the Dow and the S&P spent time in both positive and negative territory throughout the day, but by the close, the bulls had succumbed to the bears’ pressure. The...
Friends Wow! What a crazy week of trading, and today was not any different. Stocks swung from positive to negative to positive and back to negative as the wild volatility that we have seen for a couple of weeks now continues. Besides all of the macro global economic...
Friends Wow, this has been quite a week, with one day of trading still to go. After yesterday’s “the Fed’s going to save the world” rally, stocks took another sizable tumble today. Yes, the main concern is a global economic slowdown with Europe leading the way. The...
Friends It looked like the bears finally had the upper hand yesterday, as stocks had suffered another setback of some size as fear of global slowdown continued. Well, not so fast. Stocks staged a minor snapback rally in early trading, but once the Fed minutes were...
Friends With the help of an earnings season that is turning out to be better than bad, stocks rallied again today, as the bulls attempt to erase the memories of the first couple of weeks of October. So far, with about half the returns in, the corporate earnings...
Friends Just another difficult day for stocks. Continued weakness in Europe and other parts of the world seem to be weighing on the minds of investors, as is fear that this earnings season may disappoint. Whatever the reason, stocks are breaking down, and many stocks...
Friends The new trading week got off to another volatile start. A 75 point early gain for the Dow turned into a loss by midday of more than 70 points. Stocks climbed back to near breakeven in late afternoon trading, so no real advantage was to be had by either the...
Friends A fitting ending to a crazy week. Stocks rallied nicely today after suffering a difficult week. A good non-farm payroll number, 248,000 new jobs having been created in September, helped fuel the advance, but later in the morning stocks seemed to find a second...
Friends Stocks endured another roller coaster ride today, as an early morning sell-off was followed by an afternoon rally. The sell-off was triggered when ECB President Mario Draghi failed to deliver the goods, as he held steady on interest rates and really didn’t add...
Friends Before we talk about today’s stock market mess, let’s take a quick look back on the just finished third quarter. For a market that looked like on the surface that it didn’t do much, there were sure a lot of crosscurrents afoot. The S&P and Dow were...
Friends It was another roller coaster day for stocks on this last trading day of the month and quarter. Stocks spent time in both positive and negative territory throughout the day, as traders couldn’t make up their mind if they wanted to end the quarter with a buy...
Friends Before the Fed statement which was released at 1:00 our time, stocks were just biding time, basically straddling the breakeven line. But the statement, which was a bit more bullish/hawkish than we have seen, seemed to reinforce the notion that interest rate...
Friends With a backdrop of students protesting for more democratic freedom in Hong Kong, stocks tumbled decisively in early morning trading with the Dow falling as much as 178 points. But as the day wore on, bargain hunters started picking at the pieces and prices...
Friends I don’t know about y’all, but I feel a little nauseous having been on this stock market roller coaster this week. After yesterday’s mess, stocks rallied hard today, not quite recovering all of yesterday’s losses, but nice gains regardless. The final revision...
