After a busy week of economic data and central bank announcements the equity market continued its bullish tone and charged to new highs. Will there be profit taking to give new investors a chance at joining the party or will the market keep you on the edge of your seat like a World Cup game?
Market Commentary – June 16, 2014
After beginning the month of June at all time highs, the equity market continued to march on to even higher ground. Despite the continued wave of market optimism, the market broke its streak of weekly gains. Will new developments like the violence in Iraq dampen the mood? Or will bold mergers and acquisitions put the bull run back on track?
Market Commentary – June 2, 2014
After a shortened trading week with very little volume, has the stage been set for traders to come roaring back to work?
Market Commentary – May 27, 2014
After a long holiday weekend the equity market finds itself at fresh new highs. Will traders look to upcoming economic data, or will complacency set in as vacations will be in focus?
Market Commentary – May 19, 2014
After another touch of all time highs, the equity market took a spill. Things looked like they perked up on Friday. The question remains if the equity markets can match the action of the US treasury markets.
Charts Courtesy of Yahoo Finance
Market Commentary – May 13, 2014
After a week of choppy trading it feels like the summer market doldrums is happening now. S&P 500 futures traded at about half of the usual trading volatility. The market has been more accommodating for those that can pick stocks at the right moments. Make sure that your broker is not making more money from commissions than you are making at trading. Could Monday’s Equity party finally break the market out of its trading range?
Market Update – May 5, 2014
The more things change, the more they stay the same. After a week full of economic news, the market ended up almost where it began last week. Will this week break the monotony? Will the popular catchphrase of “sell in May and go away” hold? The media will be using that phrase repeatedly this week.
Market Update – April 28, 2014
Markets up, Markets down. With no clear direction, the only direction is to stay nimble and keep expectations in check.
Market Commentary – April 14, 2014
if you felt like the market was stuck in mud then you should be happy with the volatility we have now. Be careful what you ask for, you might just get it.
Market Commentary – April 7, 2014
Did the Friday Effect catch you long equities last week? If you didn’t read last week’s comments you can do so here. So far in 2014, Fridays have been bad for those long equity markets and this past Friday helped to continue that trend. Do not allow fear to creep in and cloud your judgment by making you think a huge crash is coming. Your energy is better spent on understanding how the market is evolving and what is the EASIEST way to trade around it.