Friends, Although politics is what is on everyone’s mind today, I would first like to comment on the very important Federal Reserve announcement. Dr. Bernanke again declared that the Fed is “all in” and will do whatever is necessary to make asset prices rise...

Friends Well, are you ready for the coming week? It should be very eventful. On Tuesday, of course, we have mid-term elections. On Wednesday, we get a clue as to what the Federal Reserve intends to do with regard to “Quantitative Easing” and then on Friday, we get the...

Friends The last four quarters remind me of the movie Groundhog Day, where the same scene plays itself out over and over again. In our case, the scene is earnings season. Share prices seem to rise before earnings are released, and then sell off for a day or two after...

Friends Quite a wild day in the market today. After the close yesterday, we got earnings from tech giants IBM and Apple. Though both beat published estimates and had very good revenues, their shares sold off in after-hours trading and continued down this morning. You...

As I listen to the Federal Reserve Chairman speak this morning, it becomes more clear that the Fed is determined to do anything necessary to prevent the economy from slowing even further.  Dr. Bernanke is making it clear that even though they are considering...

Friends, The unemployment number was just released this morning and the more things change, the more they stay the same. Yes, we did create a few private sector jobs, but the overall job loss was again disturbing, and a 9.6% unemployment rate will continue to weigh on...

Friends As I mentioned yesterday, the market just finished the best September that we have had in nearly 70 years. The third quarter was also a good one for the market averages. With that behind us, where does the market go from here? The coming quarter will be...

Friends We just finished trading for the month of September and the third quarter. Wow! What the heck happened? September is traditionally a difficult month for the market, but holding true to form everything seems to be somewhat backward since late 2008. Since the...

Friends The market seems to have run into some resistance at the 1130 level on the S&P 500, but a little breather might just be what this market needs at this moment (though the futures look to be up this morning). It has been a nice ride so far here in September...

Friends Over the last few weeks, we have heard a lot about the Federal Reserve and “quantitative easing”. Just as a reminder, quantitative easing is the process where the Fed tries to stimulate the economy by asset purchases.  In other words, to increase the money...

Friends The market has just finished off a nice Monday where we see the S&P 500 breaking through the resistance level that has held most of the summer. Remember, we have been in the trading range of about 1020 to 1130 on the S&P since the Spring and have been...

Friends, We’re back. Sorry to have been out of touch for the past few weeks, but I know all of you know why. Welcome to my first e-mail from CHJ Wealth Management. I want to take this opportunity to thank each and every one of you for being so wonderful to us during...