by Joel Charalambakis | Dec 13, 2015 | Uncategorized, Weekly Market Update
Market Action Global equity markets sold off considerably this week. Renewed volatility in energy, tremors in high-yield debt and widespread expectations of tightening monetary policy from the Fed next week were all contributing factors. OPEC’s decision to keep with...
by Joel Charalambakis | Dec 5, 2015 | Uncategorized, Weekly Market Update
Market Action Thanks to a strong jobs report on Friday U.S. stocks rallied to end the week slightly positive. European equities declined sharply this week after a disappointing policy announcement from the ECB relative to expectations. The ECB lowered its main policy...
by Joel Charalambakis | Nov 20, 2015 | Uncategorized, Weekly Market Update
Market Action Despite continuing concerns about the vibrancy of the retail sector stocks posted a strong week, led by the Consumer Discretionary sector. Emerging markets are posed to record their first acceleration in growth in 2016 since 2010 according to a new...
by Joel Charalambakis | Nov 15, 2015 | Uncategorized, Weekly Market Update
Market Action Stocks delivered one of their worst weeks since August, when China’s devaluation and macro concerns sparked volatility. Every sector, save for Utilities, saw a sharp downturn as poor retail sales and earning reports combined with increased tightening...
by Joel Charalambakis | Oct 30, 2015 | Uncategorized, Weekly Market Update
Market Action Stocks ended October posting some of their best monthly gains in years. 76% of reporting firms have surpassed their earnings expectations thus far in Q3 although sales figures continue to be held back by the strong dollar. It seems companies are on their...
by Joel Charalambakis | Oct 17, 2015 | Uncategorized, Weekly Market Update
Market Action Stocks in the U.S. posted another week of gains and have largely recovered from their period of volatility in August. With the Fed Funds Futures and Bond Markets pricing zero rates into 2016 stocks may have more room to run this year. While markets in...