Investing is Like a Box of Chocolates

Eight Week Winning Streak Over – Time to Sell?

David B. Armstrong, CFA Weekly Market Commentary

The Dow and the S&P 500 both broke eight-week winning streaks. It has been an impressive run-up in prices, but not without precedent. Everyone remember 2013? Well in case not, we had a nice strong bull market in 2013. No two periods are exactly alike, I get that, but comparing key metrics and some of today’s concerns with 2013 offers …

dont-be-a-day-trader

Why the Shrinking Unemployment is Not as Good as it Seems

David B. Armstrong, CFA Weekly Market Commentary

Well, we finally had a negative week in the S&P 500, post-election. It was trading down 0.97% for the week, and ended up at an index level of 2,192. The Dow Jones Industrial Average was barely positive, clocking in with a 0.1% gain on the week to close at 19,170. There was good news with employment and an interest rate …

plan vs catch up

The Jackson Hole Meeting – Should You Care?

David B. Armstrong, CFA Weekly Market Commentary

Much of last Friday’s speech was dedicated to the tools (actual “monetary tools”, not people) the Fed can use to stimulate the economy. The speech also included how the Fed might react to a future recession. This remark by Janet Yellen received the most immediate attention— “I believe the case for an increase in the Fed funds rate has strengthened …

Cat Economy

Why the Market is up 5 Weeks in a Row

David B. Armstrong, CFA Weekly Market Commentary

I always find it very interesting to observe the difference in behavior as markets move up and down – especially in the press. I get it, markets tend to go down much more quickly than they go up. It’s much easier for people to get on TV and try to look smart by saying things like, “the reason the market …

Wealth Management Blog

Peace Out, 2015

David B. Armstrong, CFA Weekly Market Commentary

As everyone knows by now, in addition to Steve Harvey totally blowing it at the Miss Universe Contest last night, the Federal Reserve ended seven years of near-zero interest rate policy by raising rates 0.25% last week. This indicates its conviction in the vigor of the U.S. economic recovery. It was a unanimous decision by the members of the Committee. …