By: Joel Charalambakis | On: April 2, 2017 |
Market Action Brexit is officially a reality as Theresa May invoked Article 50 to remove the United Kingdom from the European Union. The maneuver sets off two years of negotiations […]
By: Joel Charalambakis | On: March 25, 2017 |
Market Action The stock market’s streak of consecutive days without a 1% move down ended at 67 days, the longest streak on record. Politics is being blamed for the downturn […]
By: Joel Charalambakis | On: March 18, 2017 |
Market Action The Federal Reserve proceeded with another rate hike this week, just as markets expected. Chair Janet Yellen cited confidence in the progression of the economy’s fundamentals as the […]
By: Joel Charalambakis | On: March 11, 2017 |
Market Action The U.S. added 235,000 jobs in February, far above the 198,000 that analysts and economists had estimated. The unemployment rate fell to 4.7% while labor force participation and […]
By: Joel Charalambakis | On: March 4, 2017 |
Market Action The Dow’s streak of closing at consecutive highs ended at 13 but shares still ended the week at further record levels. Markets added more than 1% on Wednesday […]
By: Joel Charalambakis | On: February 25, 2017 |
Market Action The Dow Jones has hit 11 consecutive closing highs, a streak that hasn’t been seen since 1987. Plans for tax reform this summer and higher GDP growth goals […]
By: Joel Charalambakis | On: February 18, 2017 |
Market Action Another week and another set of new highs for major U.S. indices. The growth in stocks this week has pushed equities to their richest valuation (on a forward […]
By: Joel Charalambakis | On: February 11, 2017 |
Market Action All three major U.S. indices hit record highs this week. Technology, Consumer Discretionary and other cyclical names led the way for the markets as enthusiasm for risk continues […]
By: Joel Charalambakis | On: February 5, 2017 |
Market Action Markets ended the week strong in the U.S. but just missed posting gains across all three major averages. Earnings so far for corporations have come in strong with […]
By: Joel Charalambakis | On: January 28, 2017 |
Market Action The Dow crossed the illustrious 20,000 level this week, setting new highs in the process. Cyclical sectors dominated the markets, revitalizing bullish optimism. President Trump officially removed the […]