by Joel Charalambakis | Feb 6, 2016 | Uncategorized, Weekly Market Update
Market Action Markets continued their poor start to 2016 with another down week. Technology and Biotech names were sold off especially hard due to a combination of poor earnings from some key names and regulatory scrutiny over drug prices. The U.S. employment report...
by Joel Charalambakis | Jan 29, 2016 | Uncategorized, Weekly Market Update
Market Action Markets finally posted a positive week in the U.S. thanks to a combination of some promising earnings reports and global central banks maintaining easy policies. While stocks posted gains in most markets, bonds rallied as well. Japan surprised markets...
by Joel Charalambakis | Jan 22, 2016 | Uncategorized, Weekly Market Update
Market Action Several major global markets netted gains thanks to a rally by the end of the week. Equities followed Mario Draghi’s lead after the ECB President hinted at more stimulus due to falling inflation expectations in the Eurozone. Other stimulus chatter from...
by Joel Charalambakis | Jan 15, 2016 | Uncategorized, Weekly Market Update
Market Action The second trading week of the year was again unkind to stocks around the globe. A number of catalysts have been thrown out in the press from China entering a bear market, low energy prices, the Fed’s increase last month among others. A considerable...
by Joel Charalambakis | Jan 8, 2016 | Uncategorized, Weekly Market Update
Market Action U.S. markets got off to their worst start ever to a new year. The selling was virtually indiscriminate, with every sector and segment of the market down. Further worries about Chinese growth, the renminbi, and how regulators manage falling asset prices...
by Joel Charalambakis | Dec 19, 2015 | Uncategorized, Weekly Market Update
Market Action Stocks welcomed the first interest rate increase in nearly a decade with a strong rally on Wednesday but gave up gains the following two days and closed down on the week. Energy and materials continued their dismal performance this year. Argentina lifted...