Market Updates

TGIF!  The closing bell could not have rung soon enough this afternoon and it will be good to let things settle down a bit over the weekend. By the time the market closed, the Dow Jones Industrial Average and the S&P 500 both pulled... Read More →

I wanted to pass along some thought-provoking comments from Dr. David Kelly, Chief Global Strategist of JP Morgan.  Dr. Kelly held a conference call earlier today and bulleted below are some of the more substantive take-aways re: Brexit in a stream-of-consciousness format (since some... Read More →

As was indicated by the pre-market stock futures, the Dow Jones Industrial Average opened weakly. As a point of perspective, this is 55 points from where we began the week, or 0.31%. Perhaps more interestingly, the FTSE 100 Index, which is the primary index... Read More →

As a follow-up to yesterday’s e-mail, the vote in the UK to determine the fate of Britain as a member of the European Union (EU) was decided in the direction of the “Leave” camp (also known as the “Brexit” voters). This was unexpected by... Read More →

What is “Brexit”?  The term “Brexit” is a verbal blend of “British” and “Exit” referring to Britain, aka the United Kingdom, essentially voting to either leave or remain a member of the European Union (EU). Citizens of the four constituent countries with the sovereign... Read More →

The Open Market Committee of the Federal Reserve Bank (the Fed) completes a 2-day interest rate policy-setting meeting this afternoon.  This is their fourth meeting of 2016.  They will release a statement detailing their policy stance @ 1pm CT.  Following the meeting, Fed Chairwoman, Janet... Read More →

Good evening to you! I wanted to check in tonight at the conclusion of a roller coaster day in the stock market. As the chart below from Bloomberg will attest, after opening modestly lower, the Dow Jones Industrial Average fell nearly 3.5% (or 566... Read More →