by Joel Charalambakis | Aug 15, 2014 | Uncategorized, Weekly Market Update
Stocks saw a positive week despite geopolitical risks that sparked volatility. Back and forth news on Russian aggression, growing US involvement against ISIS in Iraq and an end to a cease fire between Hamas and Israel weren’t enough for equities to rise. As...
by Joel Charalambakis | Aug 8, 2014 | Uncategorized, Weekly Market Update
Market Action Stocks rallied in the U.S. on Friday to squeeze out small gains for the week after having erased YTD gain last Friday. Elsewhere around the globe however the results for the week remain depressing. European markets have compounded weakness demonstrated...
by Joel Charalambakis | Aug 2, 2014 | Uncategorized, Weekly Market Update
The Dow has effectively erased its YTD gains as of this week as concerns over the potential for accelerated Fed action for interest rates, the stabilitiy of the European banking system as illustrated by Espirito Santo, the Israeli/Hamas conflict and the technical bond...
by Joel Charalambakis | Jul 25, 2014 | Uncategorized, Weekly Market Update
US equity markets had a rough week in the last full week of the month. The Dow saw its largest decline in seven weeks after Goldman Sachs issued a late report stating the firm’s neutral position towards stocks for the next three months. While the S&P and Nasdaq...
by Joel Charalambakis | Jul 18, 2014 | Uncategorized, Weekly Market Update
Market Action Equities in the US rallied on Friday to end the week in positive territory. Earnings reports so far have presented some modest good news into markets but geopolitical turmoil in Gaza and tragedy in Ukraine sent markets down midweek. Governments in...