Last week the Fed held a two day FOMC meeting, and earnings season was in full swing, but the biggest market moving news came out of Japan.
The BoJ’s decision not to provide the markets with another “fix” of QE …
US Equities Markets floated mostly upward with the exception of the NASDQ whose bubble got popped by bad earnings from Microsoft, Facebook, and Google. It ended the week down -1.5 % and lags the S&P 500 this year by 5%.…
US Equity markets returned to the party, and headed back to the bar to get another tasty beverage. Key indexes closed up over 1 % for the week. The S&P 500 made new YTD highs and is now up 2% …
US Equity markets retreated this week to the tune of about 1 % across all indexes. It was the first weekly decline in all key indexes since mid-February. The rally has stalled out in the same area that it closed …
US Equity Markets ended the month with big gains (+ 6 %) and made new YTD highs early this before getting a bit of indigestion. It then took a few days off this to get some needed rest before resuming …
US Equity markets dodged the horrible news of the deadly terrorist attacks in Belgium and the clear intention of ISIS to obtain nuclear material this week and closed slightly down to basically flat. Considering that any bad news could have …
Equity markets continued its relentless advance with the S&P 500 (SPY) and the Dow industrials (DIA) closing fractionally positive for the first time this year. Bringing up the rear, the NASDQ 100 and the Russell 2000 are still down about …
Confounding many, Equities continued its rise after a very shaky start to the year. In one of the most hated and under participated rallies in recent memory, the S& P 500 climbed to its highest price YTD and is now …
World Equity markets ended the week up yet again, with the dead cat bounce continuing upward in its acrobatics. This put the US equities market up over 2% for the week. The payrolls report was positive and the economy seems …
Last week we left for the long weekend feeling a dead cat bounce of about 4-5% was in order and as things played out, the cat has indeed bounced and is currently suspended mid-air with the S&P 500 up +2.89% …