by Joel Charalambakis | Feb 20, 2015 | Uncategorized, Weekly Market Update
Market Action Thanks to a surge in markets on Friday major indices in the U.S. closed the week in positive territory. The main catalyst for the upswing was a deal reached between Greece and the Eurogroup for continuing the current program. The deal between...
by Joel Charalambakis | Feb 15, 2015 | Uncategorized, Weekly Market Update
Market Action Major U.S. benchmarks closed the week in positive territory for the year despite the lack of major data releases to support the moves. Technology led the week thanks to some promising earnings and news out of the sector followed up by Materials who are...
by Joel Charalambakis | Feb 7, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. stocks had one of their best weeks in the past five years. Better than expected earnings by some key companies, economic data and a technical bounce served as catalysts. Energy served as the best performing sector this week. Oil prices have risen...
by Joel Charalambakis | Feb 2, 2015 | Uncategorized, Weekly Market Update
Market Action Poor economic data and disappointing earnings weighed heavily on U.S. markets early in the week. While the election of Syriza in Greece added to volatility to markets in Europe shares across the Atlantic outperformed the U.S. during the week and have...
by Joel Charalambakis | Jan 25, 2015 | Uncategorized, Weekly Market Update
Market Action Markets got the sugar rush they had long been craving as Mario Draghi announced a QE program involving €60 billion per month starting next month through at least September 2016. Equities around the world rallied, including the U.S. where the major...
by Joel Charalambakis | Jan 16, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. markets on Friday ended a five-day streak of losses for risk assets. A combination of weak economic data, global growth concerns and disappointing Q4 earnings contributed to the declines. The story of the week in financial markets was the surprise...