by Joel Charalambakis | Aug 29, 2014 | Uncategorized, Weekly Market Update
Market Action Stocks posted their fourth consecutive week of gains in the United States this week, marked with the S&P’s milestone in crossing 2,000. While data released this week was mixed the markets continue to build momentum off of positive sentiment for the...
by Joel Charalambakis | Aug 22, 2014 | Uncategorized, Weekly Market Update
Market Action All eyes this week were tuned to Janet Yellen in Jackson Hole, Wyoming as the annual congregation of key central bankers concluded on Friday. The statement from the Chairwoman overall was neutral. Mario Draghi of the ECB stressed the limits of ECB...
by Joel Charalambakis | Aug 15, 2014 | Uncategorized, Weekly Market Update
Stocks saw a positive week despite geopolitical risks that sparked volatility. Back and forth news on Russian aggression, growing US involvement against ISIS in Iraq and an end to a cease fire between Hamas and Israel weren’t enough for equities to rise. As...
by Joel Charalambakis | Aug 8, 2014 | Uncategorized, Weekly Market Update
Market Action Stocks rallied in the U.S. on Friday to squeeze out small gains for the week after having erased YTD gain last Friday. Elsewhere around the globe however the results for the week remain depressing. European markets have compounded weakness demonstrated...
by Joel Charalambakis | Aug 2, 2014 | Uncategorized, Weekly Market Update
The Dow has effectively erased its YTD gains as of this week as concerns over the potential for accelerated Fed action for interest rates, the stabilitiy of the European banking system as illustrated by Espirito Santo, the Israeli/Hamas conflict and the technical bond...
by Joel Charalambakis | Jul 25, 2014 | Uncategorized, Weekly Market Update
US equity markets had a rough week in the last full week of the month. The Dow saw its largest decline in seven weeks after Goldman Sachs issued a late report stating the firm’s neutral position towards stocks for the next three months. While the S&P and Nasdaq...