There is an old Wall Street saying; “stocks go up on an escalator and come down on an elevator.” I think this market resembles how stocks went up a little…
Concerns about global growth caused markets to hit the brakes last week in a cloud of smoke and volatility, giving the S&P 500 and Nasdaq their worst week since May…
Stocks ended where they started at the beginning of this quarter even after some market stumbles in recent weeks that erased earlier gains. The choppy action continues with neither the…
I mentioned to a national audience on CNBC Closing Bell that I believe we are in a “stealth correction” (which later appeared on CNBC web site as the segment’s “topic”)…
Markets regained steam last week, pushed higher by a reassuring Federal Reserve meeting and a referendum on Scottish independence. For the week, the S&P 500 gained 1.25%, the Dow grew…
Markets closed last week on a down note, breaking five straight weeks of gains as investors hedged their bets ahead of a pivotal Federal Reserve Open Market Committee Meeting. For…
Last Friday, I mentioned on Fox Business that I thought the August labor report might have been an “aberration.” The number of new jobs created for the month was well…
Despite volatility around geopolitical concerns and sluggish growth in Europe, U.S. stocks had a phenomenal week, lifting the S&P 500 to a new record close, and giving the index its…
Last Friday, I mentioned on Fox Business that Fed Chair Yellen still remains “Dovish” when it comes to Fed Policy. She still sees ‘slack’ in the labor markets despite the…
Last Week in Review Last week I mentioned on CNBC that this is not the ‘Teflon market’ that we described for the past couple of years. There have been a…