by Joel Charalambakis | Apr 3, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. equities started the week strong, recovering from losses last week and were able to withstand pullbacks in the following trading days to end the week positive. Earnings estimates for the first quarter have been revised down and are expected to show...
by Joel Charalambakis | Mar 28, 2015 | Uncategorized, Weekly Market Update
Market Action Volatility continues to manifest in financial markets. Triple digit losses and large intra-day swings characterized much of the week as all sectors and major indices in the U.S. posted losses. Money continues to flow overseas, particularly Europe where...
by Joel Charalambakis | Mar 20, 2015 | Uncategorized, Weekly Market Update
Market Action Markets recovered from last week’s sell off but still saw volatility continue with the Dow alternating triple digits moves throughout the week. The most apparent catalyst was the Federal Reserve’s published statement, which removed the word “patient”...
by Joel Charalambakis | Mar 13, 2015 | Uncategorized, Weekly Market Update
Market Action Disappointing economic data and bouts with volatility kept U.S. markets down this week. Analysts cast a theme of blaming the dollar’s rise for keeping corporate profitability low for the foreseeable future. Stocks gave up their gains for the years except...
by Joel Charalambakis | Mar 6, 2015 | Uncategorized, Weekly Market Update
Market Action A surprising and sterling jobs number on Friday did not enthuse U.S. equities as a near 300-point fall in the Dow closed out the week. Utilities led the selloff on Friday, moving in tandem with bond yields, which also saw their highest point in 2015....
by Joel Charalambakis | Feb 27, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. markets closed out the month of February with one of the best months in the past few years, coming off a disappointing January. All sectors, save for the interest sensitive utilities, rose for the month. After agreeing to a deal with the Eurogroup...