Friends Home prices inched up, although less than expected, but even with better pricing, existing home sales were much weaker than expected. Maybe buyers want new homes as evidenced by yesterday’s robust new home sales number. Whatever the case, housing has been this...

Friends The bulls tried to rally the forces today, and for a brief moment this morning, we did have stocks parked nicely in positive territory. But the rally faded quietly for the remainder of the trading session leaving us with modest gains in the market averages,...

Friends The trading week begins just as the last couple have ended-no volatility, no volume and a whole lot of nothing going on. Fed Governors continue to give speeches as we work our way towards Jackson Hole later this week, but at this point if it doesn’t come out...

Friends Today marks our 6th anniversary here at CHJ. It’s been such a rewarding journey these past six years, and we can’t thank all of you enough for allowing us to be part of your lives. We take the trust you place in us very serious, and we continue to strive to...

Friends Despite Walmart delivering a good earnings report, perhaps validating that the consumer is alive and well, stocks spent the day in an aimless drift. We have often mentioned the dog days of summer and today’s action was a glaring example- almost no volatility...

Friends We got our first look at second quarter GDP this morning, and it wasn’t a pleasant site. Economist and Strategists were looking for growth in the area of 2.6% for the second quarter. What they got was only 1.2%, which basically was not even close. Of course,...

Friends Remember, we had that two day pullback after the Brexit vote but quickly followed that up with a nice rally. But for the last couple of weeks we have seen stocks pretty much running in place. We continue to alternate between up and down days, but basically...

Friends Despite the plethora of news and earnings reports, stocks were mainly quiet with little volatility. Not even an FOMC statement after the Fed meeting could light a fire under the market averages. Sure, there were some movers, in both directions, as the flood of...

Friends Political theater, an FOMC meeting and a whole lot of earnings reports. We knew this was going to be a busy week, and it sure is. Once again, on the earnings front, lowered expectations are often being beaten by the reporting companies, but the shares of these...

Friends Stocks began this very busy week on the negative side of the ledger, and once again, given the extended rally we have seen lately, it is really no surprise. Besides the political theater, which just gets crazier by the day, we have a major week of earnings...

Friends Another very quiet trading day, but with an upward bias as the session wore on. We have had a plethora of earnings releases this week and we’ve seen shares of the companies reporting have different reactions. Today, for instance, despite a somewhat lukewarm...

Friends The nine day winning streak that the Dow Jones Industrial Average was on finally came to a close today, and that may not be a bad thing. After a run like we’ve been on, it is often a good thing that the markets experience a pause that hopefully refreshes....

Friends Another quiet day of trading resulted in another gain for the market averages. Stocks held onto early gains and basically coasted during the afternoon portion of the trading session. Again, earnings have been better than expected, notably Microsoft enjoying an...

Friends Stocks were quiet once again today as market participants appear to have hit the pause button temporarily, and most likely for good reason. It wouldn’t hurt if we took a moment to digest the recent surge since the aftermath of the Brexit vote. Also, we are now...