Positive Signs Amid the Gloom 04-15-14

It’s April 15. Tax Day. Without doubt the most dreaded day of the year. Making matters worse, Tax Freedom Day falls on April 21, three business days later this year. That’s the day when Americans as a group have generated sufficient income for the year to cover their tax liabilities. But forgive our gloom, because in many ways things are looking up, for the economy, incomes and the stock market. Read more about Positive Signs Amid the Gloom 04-15-14

Special Market Update 04-11-14

Yesterday, U.S. stocks experienced one of their worst days of the year. The S&P 500 declined more than 2 percent for the third time this year, and after today’s action, all of the major averages are underwater for the year. Read more about Special Market Update 04-11-14

Stocks Looking for Purchase 04-08-14

Stocks are trying to regain their footing today after a couple of days of intense selling. After hitting a fresh new high last week, the S&P 500 pulled back to its 50-day moving average, a logical stopping point. However, it would be surprising if the correction actually stopped at this point. Instead, we would expect the blue chip average to undercut its 50-day moving average by a few percentage points, which would leave it still well above its 200-day moving average. Read more about Stocks Looking for Purchase 04-08-14

Risk on the Rise Along With Stocks 04-01-14

Blue chip stocks, with the S&P 500 as our benchmark, once more are approaching record levels. Investors are taking their cues from various positive economic data points and comments from central bankers. Read more about Risk on the Rise Along With Stocks 04-01-14

Ruffled Feathers, But the Goose Isn’t Cooked 03-25-14

The stock market has been somewhat unsettled since our last update for a variety of reasons. First and foremost, investors are left wondering if Russia will expand its annexation plans beyond Crimea, to include other parts of Ukraine or regions of other former Soviet republics such as Moldova and Estonia (a NATO member). Any further Moscow aggression will no doubt be answered by stiffer Western and NATO economic sanctions, with possible adverse ramifications on the EU economy, and by extension that of the entire global community. Read more about Ruffled Feathers, But the Goose Isn’t Cooked 03-25-14

Market Sees No Need For Caution With Putin’s Crimean Caper 03-18-14

In voting that can only be described as rigged, Crimea seceded from Ukraine over the weekend. No option to remain a part of Ukraine was on the ballot, Ukrainian-speaking voters stayed home in protest and in some districts substantially more ballots were cast than exist members of the electorate. Oh, and the region is currently occupied by Russian armed forces wearing no insignias. Read more about Market Sees No Need For Caution With Putin’s Crimean Caper 03-18-14

Pages