Blog

Market bias continued upward last week.  More importantly, today’s French presidential election outcome will have an impact on world markets including ours in the week ahead.   Macron is expected to prevail, and if so, markets will remain optimistic on EU solidarity...

Institutional investors suddenly went on a buying spree.  Monday’s market rise was attributed to a “relief rally” after first round French elections suggested the EU would remain intact after all (good for all world markets), but later week buying took place on less...

Market action summed up in one word:  UNCERTAINTY.  Institutional investors don’t know which way to respond  – major bank earnings up (good), oil prices down (bad), potential headway on healthcare reform (good), French election outcome may jump-start a Frexit, further...

Overall market direction was decidedly down.  Institutions don’t like uncertainty and right now there is plenty of it in the form of disappointing economic reports that contradict recent good earnings reports and a growing list of geopolitical concerns (North Korea,...

Overall market bias, to the extent there was any, was downward, marking the fourth week in a row of directional change from the week before.  Neither Supreme Court appointment, military action in the Middle East, nor poor employment numbers Friday caused much...

Uncertainty prevailed among institutional investors, who looked to Washington for guidance and found none – healthcare reform failed to materialize, not clear whether it will be re-attempted again soon, thus clouding the outlook for meaningful results on the next...