No Day at the Beach

All in all, last week we saw modest equity market gains as a result of a singular theme; the reemergence of the tax reform narrative in Washington. That lift to the broader market was largely the result of outperformance by financials/banks. Tax reform narrative aside, markets also managed to glean some support from the energy [...]

By |2017-08-31T20:27:43+00:00August 31st, 2017|Uncategorized|

All Eyes and Ears on Jackson Hole Friday

The modest reset lower that we have seen materialize over the past two weeks may have more room to run on the down side. As we have discussed since mid-summer, the bull market's sponsorship is thinning and the broader market is in need of a reset. This reset is needed both to consolidate gains and [...]

By |2017-08-24T12:13:58+00:00August 24th, 2017|Uncategorized|

Uptrend Continues as North Korea Rhetoric Ebbs

US equity markets have posted a solid performance as a result of better than expected economic data and better than expected Q2 corporate earnings and a solid stream of encouraging data for investors. -Chicago PMI Report for July was a solid 58.6, though modestly below expectations that were calling for 61. Pending Home Sales for [...]

By |2017-08-15T15:31:07+00:00August 15th, 2017|Uncategorized|