Feb 19, 2019 | Market Commentary
This post is a little more technical than usual, so I apologize if it’s kind of nerdy. Using the S&P 500 as a proxy for the stock market, we can see that the price has bounced off the December lows very well. It still has some work to do before it starts...
Jan 30, 2019 | Market Commentary
In the last 4 weeks, we have seen a pretty sharp rebound in the S&P 500 since its December lows. To think that it would retest its lows or at least retrace below the 2500 mark, would not be out of the realm of possibility. Frankly, that is typically what happens...
Dec 20, 2018 | Market Commentary
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...
Dec 18, 2018 | Market Commentary
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...
Dec 6, 2018 | Market Commentary
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...
Nov 27, 2018 | Market Commentary
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...
Aug 21, 2018 | Uncategorized
I closed my last post by writing that I thought there was more evidence to show that we have moved out of a long-term consolidation phase and into a long-term uptrend. Today we will look at information that supports that idea by first looking at The Value Line...
Aug 16, 2018 | Uncategorized
Summer is almost over and as we head into fall, let’s take a look at how the major U.S. indexes are performing for the year and also in the 3rd quarter so far. YTD Return from 1/2/2018 Qtrly Return from 7/1/2018 S&P 500 5.65% 4.06% DJI ...
Feb 22, 2018 | Uncategorized
(This post was sent out to clients earlier in the month) Market Commentary – February 2018 Volatility is back. And that’s not necessarily a bad thing. Last week and this week, we’ve seen some quick swings in the market that we haven’t seen in a while. As an...
Dec 14, 2017 | Uncategorized
Merry Christmas! I hope everyone had a wonderful Thanksgiving as well. As the year comes to a close, I wanted to point out a couple of things in regards to media, market trends, and interest rates that I think everyone should keep in mind. First, if you watch or read...
