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...
by Joel Charalambakis | Jan 9, 2015 | Uncategorized, Weekly Market Update
Market Action A strong jobs report published Friday could not assuage markets, pushing them down overall on the week and 2015 so far. While the headline jobs growth exceeded forecasts wage growth slipped in December, continuing a worrying trend. Volatility remains...
by Joel Charalambakis | Jan 4, 2015 | Uncategorized, Weekly Market Update
Market Action Rising volatility in U.S. markets and international worries pushed major indices down for the past week. Some disappointing data, particularly in housing, took some steam out of equities. The Euro hit a multi-year low against the dollar over the weekend....