Category Archives: Market Commentary

The Trump Trade Deteriorates

[Chart courtesy of MarketWatch.com] Moving the Markets Things started out to the downside with the S&P 500 sliding almost 1% after Wall Street had some time to digest President-elect Trump’s press conference. Disappointment spread as he chose not to discuss … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

A Choppy Session Marked By A Late Rebound

[Chart courtesy of MarketWatch.com] Moving the Markets It was a wild ride for the major indexes as they vacillated above and below the unchanged line depending on the words of the moment during President-elect Trump’s first formal news conference since … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

A Mixed Picture: S&P Flat, Dow Down And Nasdaq Up

[Chart courtesy of MarketWatch.com] Moving the Markets US oil got spanked again at the tune of -2.19% on top of yesterday’s 3.85% loss, hurting the energy sector and negating advances in the financial and healthcare arenas. The S&P was unchanged, … Continue reading

Posted in Market Commentary | Tagged | Leave a comment

Slowing Momentum

[Chart courtesy of MarketWatch.com] Moving the Markets At least for today, New Year momentum slowed as the major indexes predominantly hovered below the unchanged line and closed at their lows for the session. The exception was the Nasdaq, which managed … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

Aimless Meandering

[Chart courtesy of MarketWatch.com] Moving the Markets After a good start in the New Year, softness set in with the major indexes meandering aimlessly although the Nasdaq managed to eke out a small gain. Weighing on the broad market were … Continue reading

Posted in Market Commentary | Tagged , , , , | Leave a comment

Fed Confirms Inflation Concerns

[Chart courtesy of MarketWatch.com] Moving the Markets The Fed minutes of their December meeting were the most anticipated event of the day. They revealed concerns that accelerating economic growth under Trump’s stimulus plan might require faster interest rate hikes to … Continue reading

Posted in Market Commentary | Tagged | Leave a comment