VIX

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The Dow Jones and S&P 500 indices broke their resistance levels over a week ago and continue to rocket higher. There hasn’t been any news or economic data to support such a move, actually the last 3-6 months have seen rather stagnant data. The only major jolt to the market recently was the run-up, sell-off, Read more…

Quarter End

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The quarter end is traditionally a time when the financial world reports their returns, makes forecasts for the next quarter, and of course the unspoken game of “marking”, which my colleagues will not find my brute honesty humorous, but it is true nonetheless. It is also the time for the government to make their forecasts Read more…

Fed Rally!

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As expected if the Fed decided to halt rate hikes and take a more dovish stance, the dollar would weaken and the equity, bond, and commodity markets would rally. However, we must take a step back and look at the big picture as to whether this rally is based on solid economic fundamentals (strong earnings Read more…

Hedging?

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For the last month I have heard the same thing from my friends and acquaintances in the Financial Adviser industry. They collectively hate these times, their phones ring with panicked clients, money is being lost by the day, and the only comfort they can offer is “We are all in this together.” Of course and Read more…

BANK WEEK

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It’s earnings season and while this looks to be the first earnings quarter in which S&P 500 has contracted (no growth) since 2009, there are sectors that we need to pay especially close interest to that can drive market activity. This is bank week as the many of the big name banks report. The banking Read more…

Shrinking Stock Market

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The markets have rallied off the lows after the Labor Report, realizing there is little chance the Fed will hike rates in October. One colleague said it was a brilliant strategy, the Fed talks tough and they will raise rates, full well knowing that the Labor Report was going to be weak. Then they can Read more…

Shoe Shine Boy?

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The market fell again and we are now in precarious levels. We are roughly back to the previous lows in which we bounced from, only to revisit them a few short weeks later. The pattern we are experiencing is frequently referred to as a “Dead Cat Bounce”, in which we sold off then bounced, only Read more…

Ambiguity

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As the market remains volatile heading into the one of the most anticipated FOMC meeting since the crisis we are left with more ambiguity than ever before. The Jackson Hole “Economic Policy Symposium” where the central bankers, which traditionally has brought us more comfort through certainty, became a convolution of economic rhetoric. Ambiguity Jackson Hole Read more…

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