Stocks ended mixed in September and higher for the quarter. Volatility, which had been muted since Brexit, jumped last month as stocks traded all over the map. At this point, the big take-away is the Fed (and other central banks) stepped in for the umpteenth time and did their best to juice stocks. On September 9th,…
Stocks rallied last week after global central banks juiced markets – for the umpteenth time. Eventually, markets will stop reacting well to all the easy money being injected into the system, but we are not there just yet. The market remains relatively split as the Nasdaq 100 hit a fresh record high last week while…
Stocks Bounce Ahead of Fed Meeting The market tried to bounce last week but the tape remains very split. The market sold off hard on Friday 9/9/16 after one of the Fed officials made the case to raise rates at its meeting next week. He was dovish (wants low rates) and the fact that he…
The market is showing signs of a near term top as the Dow & S&P 500 negate big breakouts after trading in a very tight range over the past 8-weeks.