Posts Categorized: MARKET THOUGHTS

Fed Up!

The market lost a negligible amount of ground last week. Federal Reserve posturing along with firming oil prices led the market headlines for the week. There was an interplay between both oil and Federal Reserve Board (FRB) minutes. Oil firmed over the week; on the surface it was related to…
Read More

The Rally Continues

Now 7 weeks’ old, this rally is showing its age. Can it continue to deliver weekly gains? Two weeks ago markets were mediocre until Friday’s jobs report offered enough optimism that the economy is still on the right trajectory. At the release of the repot markets surged allowing an advance…
Read More

Jobs Deliver…

All week it seemed as though markets were waiting for something to happen. As if a big calamity or massive earnings were going to unfold… Nope, just jobs… The week was marked by low volume, which is very typical for August. Volume did not pick up at the end of…
Read More

FRB Slow Play…

[1] The Federal Reserve Board (FRB) met and did nothing as expected. Their phrasing increased the likelihood of a rate increase in September, so what now for markets? Nothing… Absolutely nothing. Markets, as of late, have been more driven by action or inaction by Europe and Japan. Markets are looking…
Read More

Rally, Week 4!

The post Brexit market rally continued this last week even in the face of a failed Turkish coup that has now resulted in a state of emergency. US Data Data in the US was light this last week, with the focus remaining on the 2nd quarter earnings. While still negative…
Read More

European Recession?

 US markets advanced last week while the European outlook has continued to deteriorate.   Jobs Report The June jobs report was much stronger than expected. The May report which only showed an addition of 38,000 jobs was revised down to 11,000, which is a dramatic stall of the employment markets….
Read More

What Brexit???

A week ago the sky was falling as England left the European Union (EU), markets bled out 3.6%, the ¥ fell below 100. It is amazing how much changes in a week…   A week after the sky fell, the S&P 500 grew 3.22%. This bounce back allowed the S&P…
Read More

Brexit Toll

Markets anticipated the British referendum to result in a ‘stay’ vote and were caught off guard; causing a strong sell off Friday. What does it mean for the long-term? Markets anticipated a ‘stay’ result as marked by the 1.5% increase on Thursday, only to sell off 3.5% on Friday after…
Read More

Head for the Brexit

The week saw a wild ride landing about 1% lower than the week before. Most of the turbulence came from England’s impending referendum on Brexit… For most of the week markets shed weight in anticipation of the referendum in England. The vote being on whether or not to exit the…
Read More

Jobs Report Hangover

Typically, a hangover is a bad thing, but given the soft Jobs report from a week ago this hangover has been a win-fall for markets! US Data Federal Reserve Board (FRB) chair, Janet Yellen, made comments that omitted the term “in the coming months” when discussing a rate hike. This…
Read More