by Joel Charalambakis | Aug 2, 2015 | Uncategorized, Weekly Market Update
Market Action Some poor earnings reports from a handful of notable companies and weaker than expected economic data kept equity markets in check for much of the week. With the poor data in hand Treasury yields fell giving a boost to the dividend rich Utilities and...
by Joel Charalambakis | Jul 17, 2015 | Uncategorized, Weekly Market Update
Market Action With an agreement between Greece and its creditors secured over the past weekend major averages around the world rallied and renewed optimism for equity investors. The Technology and Financial sectors led the way in the U.S. thanks to strong earnings...
by Joel Charalambakis | Jul 12, 2015 | Uncategorized, Weekly Market Update
Market Action The major U.S. averages stayed relatively flat throughout the week. The emphatic “No” vote in Greece weighed down markets early on in the week before a new proposal by the Greek government Thursday night helped spark some recovery. Renewed fears over...
by Joel Charalambakis | Jul 3, 2015 | Uncategorized, Weekly Market Update
Market Action Markets started the week in the red across the world thanks to Greece’s abandonment of negotiations and surprise call for a referendum. Equities in the U.S. recovered some losses but still ended the week down more than 1% across the major indices....
by Joel Charalambakis | Jun 26, 2015 | Uncategorized, Weekly Market Update
Market Action The major U.S. equity indices posted small losses on the week despite some pockets of strength within the market. The managed care and athletic apparel industries provided strong results this week thanks to a coming consolidation in the former and...
by Joel Charalambakis | Jun 20, 2015 | Uncategorized, Weekly Market Update
Market Action After a few weeks of disappointing returns the major averages in the U.S. posted solid gains led by the Healthcare and Consumer sectors. European markets continue to be plagued by the lack of progress between Greece and the troika. Janet Yellen offered...