Category Archives: Market Commentary

Hope Rally Fails As Health-Care Bill Vote Is Delayed

[Chart courtesy of MarketWatch.com] Moving the Markets One look at the above chart shows the type of roller coaster ride the major indexes went through resulting from continued uncertainty about the outcome of the health care vote. In the end, … Continue reading

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Upcoming Healthcare Vote Keeps Markets In Check

[Chart courtesy of MarketWatch.com] Moving the Markets Since market participants did not show much commitment one way or the other, the major indexes ended up hovering slightly above and below the unchanged line but managed to close slightly above it … Continue reading

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Banks & Stocks Bleed While Gold Shines

[Chart courtesy of MarketWatch.com] Moving the Markets An early rally attempt driven by Apple reaching new all-time highs was rebuffed in a hurry, as worries surfaced that Trump may not be able to deliver on his promised tax cuts as … Continue reading

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Equities Lower; Precious Metals Higher

[Chart courtesy of MarketWatch.com] Moving the Markets An early rebound attempt ran out of steam as the Fed paraded a couple of their mouthpieces, who managed to spew some words of hawkishness to undermine any positive market momentum. First it … Continue reading

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Equities Edge Down As Gold Jumps

[Chart courtesy of MarketWatch.com] Moving the Markets After yesterday’s “good news” by the Fed that interest rates will be hiked, which produced a nice rally, today’s action was range bound as the major indexes hovered close to the unchanged line … Continue reading

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Fed Raises Rates Despite Weakening GDP

[Chart courtesy of MarketWatch.com] Moving the Markets You’d think that, as we’ve seen in the past, that a rate hike would cause the dollar to rally, but you would have been wrong. Instead, the greenback got absolutely hammered (see chart … Continue reading

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