by Michael Vodicka | Oct 9, 2011 | All Updates, Weekly Update
Stocks managed to squeeze out a small gain on the week after some better than expected economic data gave the market hope a recession would be avoided. The green finish breaks a streak of weakness that had gripped the market for the last two months. The Dow was down...
by Michael Vodicka | Sep 25, 2011 | All Updates, Weekly Update
It was a brutal week for stocks, suffering their worst set back since the fall of 2008 on disappointing news from the Fed and more weakness in the Euro zone. For the week the Dow fell 6.4% while the S&P500 shed 6.5%. The inflection point came on Wednesday...
by Michael Vodicka | Sep 12, 2011 | All Updates, Weekly Update
September has a reputation as being a tough month for stocks. Since 1929, it has yielded an average loss of 1.4% for the Dow Jones Industrial Average and 1.3% for the S&P500. It is also the only month of the year that has been down more than 50% of the time. But...
by Michael Vodicka | Sep 4, 2011 | All Updates, Weekly Update
We saw a slightly mixed performance from stocks this week, with the averages trading well into the green before a disappointing jobs report on Friday killed the party. For the week, the Dow, S&P500 and NASDAQ all closed marginally in the red. Stocks traded strong...
by Michael Vodicka | Aug 28, 2011 | All Updates, Weekly Update
Stocks logged a solid performance this week, breaking a 4-week losing streak after Fed Chairman Ben Bernanke reinforced the central bank’s commitment to support the economy. There had been plenty of speculation on the Street about how the Fed would respond to the...
by Michael Vodicka | Aug 21, 2011 | All Updates, Weekly Update
Stocks were off to a decent start this week before some disappointing economic news crushed sentiment and pushed the averages to their fourth consecutive losing week. The data in question, an exceptionally weak read on regional manufacturing, is a build on the recent...