STOCK MARKET COMMENTARY: FRIDAY, SEPTEMBER 27, 2013 The market fell last week but is on track to end the month and quarter in the black. The major averages are pulling back into their respective 50 dma lines and so far this is appears to be another shallow pullback in size (% decline) and scope (weeks,…
STOCK MARKET COMMENTARY: FRIDAY, SEPTEMBER 20, 2013 Allow us to be clear, the market is strong. The latest pullback was shallow in both size (% decline) and scope (weeks, not months). The primary catalyst behind this 4.5 year bull market remains easy money from global central banks. We just found out that the easy money…
STOCK MARKET COMMENTARY: FRIDAY, SEPTEMBER 13, 2013 The market is acting much better after another very brief pullback in both size (% decline) and scope (weeks, not months). Several of the external “fears” that plagued Wall Street since early August have eased. Last week Syria agreed to surrender its chemical weapons so that helped offset…
STOCK MARKET COMMENTARY: FRIDAY, September 06, 2013 Stocks have been under pressure (pulling back) since early August as a slew of external “fears” continue to plague Wall Street. Here are some of the “fears:” Attack on Syria (will it esclate?), Fed Taper, Lackluster earnings growth, Debt limit, & higher energy prices, to name a…