Posted by on January 8, 2015

The Market – Mechanically Driven

What was positive about Wednesday is that the gains weren’t limited to just one index as each climbed around 1.2%. What’s more is that pre-market futures are up almost 0.8% on the tail winds of European markets which are up between 1% and 2%. The European markets have, naturally, been driven by the anticipation of…  Continue Reading
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Posted by on January 7, 2015

The Market – Anecdotal Trends

I read an interesting article yesterday regarding certain trends in the market. The first was called the “First Five Days” trend. The thinking goes as such: The first five days are indicative of the rest of the year. According to the Stock Trader’s Almanac, of the last 41 times the S&P finished up during this…  Continue Reading
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Posted by on January 6, 2015

The Market – Short Term Over-Extension

First of all, let’s put things in perspective. The 6%+ charge that we saw between December 16th and December 29th equated to over half of the annual percentage gain. HALF! And… wait for the kicker, in just nine trading days. To say that that market was a bit overextended in the short term would be…  Continue Reading
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Posted by on January 5, 2015

The Market – New Year, Old Issues

After a holiday break it is time to get back into the swing of things. Unfortunately the New Year has not exploded with the bang that we would have hoped. A massive lacking of positive headlines failed to justify the 6% gain we saw in mid to late December. Without those positive distractions it is…  Continue Reading
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Posted by on December 22, 2014

The Market – Timing is Everything

As the markets closed on Friday, we found the S&P 500 up 5.3% from its December low and just shy of yet another all-time closing high. What a turn around it has been! As has been the story of late, it has all been about oil and the Fed. Crashing oil prices going into mid-week…  Continue Reading
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