by Joel Charalambakis | Aug 21, 2015 | Uncategorized, Weekly Market Update
Market Action A devastating week for the markets has left investors searching for answers. More worries about China and the implications for global growth have been blamed, as have concerns about earnings growth for some key American firms. Investors worry that a...
by Joel Charalambakis | Aug 14, 2015 | Uncategorized, Weekly Market Update
Market Action All three U.S. averages overcame a turbulent week to post slight gains on the week. Energy stocks led the way despite further declines in the price of crude oil. China’s devaluation sparked volatility across asset classes this week. The People’s Bank of...
by Joel Charalambakis | Aug 8, 2015 | Uncategorized, Weekly Market Update
Market Action Utilities were once again a leading sector in U.S. equity markets this week as stocks delivered weak results. With the 10-Year treasury yield once again dipping below 2.2% investors sought out the high dividends offered by utilities. Employment data for...
by Joel Charalambakis | Aug 2, 2015 | Uncategorized, Weekly Market Update
Market Action Some poor earnings reports from a handful of notable companies and weaker than expected economic data kept equity markets in check for much of the week. With the poor data in hand Treasury yields fell giving a boost to the dividend rich Utilities and...
by Joel Charalambakis | Jul 17, 2015 | Uncategorized, Weekly Market Update
Market Action With an agreement between Greece and its creditors secured over the past weekend major averages around the world rallied and renewed optimism for equity investors. The Technology and Financial sectors led the way in the U.S. thanks to strong earnings...