by Joel Charalambakis | Oct 25, 2014 | Uncategorized, Weekly Market Update
Market Action The major indices in the U.S. had one of their best weeks in the past two years with the S&P rising over 4% and the Nasdaq over 5%. Positive earnings reported from firms have taken the forefront of markets’ minds from previous concerns about...
by Joel Charalambakis | Oct 23, 2014 | Uncategorized
Geopolitical Headlines Ebola Global concerns over the spread of Ebola have accelerated over the past few weeks. Thomas Eric Duncan, the first patient diagnosed with the virus in the U.S. passed away and a nurse who treated him was also infected but has been cleared of...
by Joel Charalambakis | Oct 17, 2014 | Uncategorized, Weekly Market Update
Market Action Markets saw wild swings throughout the week without a coherent and comprehensive reason. All major averages in the U.S. ended the week down but rallied late thanks to good economic data and speeches from various Fed governors about possibly extending...
by Joel Charalambakis | Oct 10, 2014 | Uncategorized, Weekly Market Update
Market Action Equity markets in the major global economies continued their recent dismal performance. Concerns about global growth continue to weigh on markets as the IMF this week lowered growth forecasts for 2014 and 2015. The Dow Jones is now essentially flat for...
by Joel Charalambakis | Oct 4, 2014 | Uncategorized, Weekly Market Update
Market Action A better than expected jobs report released on Friday provided some good news for markets. All major equity markets in the U.S. were down on the week. European markets also declined this past week. Scant information from Mario Draghi on an asset purchase...