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The final week of 2016 proved very quiet
Past week recap: The final week of 2016 proved very quiet. Year-end adjustments by funds were fewer than usual, as evidenced by very low trading volume. The stock market may have momentarily run out of buyers – investors either already bought in to the election...
After weeks of choppy but net neutral action, stocks broke out to the upside
Past week recap: After 7 weeks of choppy but net neutral action, stocks broke out to the upside on generally good earnings, and relief that Iran retaliation upon U.S. withdrawal from the agreement was put down swiftly by Israel. Concerns about growing instability in...
Major market indexes finishing the week flat, again.
Past week recap: Another choppy week for stocks – 4 days of downward bias negated by a large rise on Friday’s employment data, resulting in the major market indexes finishing the week flat, again. This is the 13th consecutive week that stocks have whip-sawed back...
Neutral week for the major indexes
Past week recap: Another neutral week for the major indexes after stocks rose for 3 days then fell right back the final 2 days of the week. Although many corporate earnings reports were better than expected, earnings guidance for upcoming quarters was more...
Institutional investors turned their attention to corporate earnings announcements
Past week recap: With Washington uncharacteristically quiet and Syrian bombing not escalating, institutional investors turned their attention to corporate earnings announcements – a welcome return to normalcy. For the first three days, earnings reports were very...
Institutional trading behavior continued its whip-saw pattern
Past week recap: Institutional trading behavior continued its whip-saw pattern, as investors responded to news events – mostly from Washington – in a seemingly constant knee-jerk manner. Last week’s concerns over trade wars with the Chinese suddenly subsided over...