Stock Market Commentary 12-20-2018

Christmas Scrooge As you might be aware, the Fed raised rates .25% yesterday just as they said they would. They also hinted that they would raise rates again in 2019 at least two more times. The market was hoping for something a little more dovish and when that didn’t...

Stock Market Commentary 12-18-2018

Fed Meeting Tomorrow Tomorrow the Fed meeting takes place and the outcome could have a significant impact on the stock market. In early 2016 the Fed backed off their hawkish stance and the S&P 500 rebounded and trended up into January of this year around 35% (See...

Market Summary December 6, 2018

As I mentioned in my last post, the current lows of the S&P 500 are still above the lows we saw last February. To begin a downtrend we would need to begin seeing lower lows and that has not happened so far. That could certainly still occur, and the probabilities...

Market Commentary – November 27, 2018

Consolidation or Higher Highs, Higher Lows? As I’ve mentioned before, there are times when the stock market goes through periods of consolidation, meaning that it moves sideways for a period of time. In the chart below this is illustrated in the time frame of...