Congress Moving Markets

Posted on Friday, September 27th, 2013

Budget fight is weighing on the market although not as heavily as one would think. The Dow was down over 100 points early this morning but it seems to be more of a buyer’s strike then large institutional selling. Most managers have their portfolios positioned for the end of the quarter and are just battening read more.

Afraid To Taper?

Posted on Friday, September 20th, 2013

Just when I think I’m out – they pull me right back in. – Ben Bernanke We suppose that you know that the above mentioned quote should not be attributed to Ben Bernanke but to one Michael Corleone. The Fed Chairman must have felt this way though as the FOMC decided not to pursue any read more.

Taper Lite on Tap?

Posted on Friday, September 13th, 2013

The old adage of “Sell on Rosh Hashanah, Buy on Yom Kippur” is a little out of sorts this year as the market has risen a little over 1.5% since the dawn of the Jewish New Year. The market is relieved to see no tomahawk missiles flying off US warships in the Mediterranean. The stand-down read more.