Monthly Archives: January 2015

January 26, 2015

The Cold Chill (Not weather related) January 26, 2015 Stocks start the week on a down note following the much-anticipated leftist party historic win in Greek elections. Much of the disruption to the Euro and European country bonds have already … Continue reading

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January 22, 2015

QE – European Style January 22, 2015 Stocks were marginally higher after the State of the Union speech. That wasn’t too unexpected. #1, Republicans hate Obama and, what they hate more is Obama taking credit for the economic recovery. #2, … Continue reading

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January 20, 2015

3-day Hangover January 20, 2015 The only domestic economic report out this morning comes from the National Association of Home Builders. The NAHB Index slipped one point to 57 in January versus 58 December, although December was revised up a … Continue reading

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January 15, 2015

Duck January 15, 2015 It wasn’t exactly a “Black Swan” event, but maybe a “Black Duck”. The Swiss National Bank removed the long-standing cap on the Swiss Franc, allowing it to rocket unexpectedly versus the Euro. The implication is that … Continue reading

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January 13, 2015

The Carrot January 13, 2015 The S & P successfully bounced off of the 1990 low with two strong up days before the attention shifted back to falling crude, a strong dollar, and the negative concerns over the implications of … Continue reading

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January 8, 2015

ā€œ3 Vā€ January 8, 2015 This is the third ā€œVā€ shaped bottom in as many months. While falling oil prices was to blame, for all that it represents in global economic weakness, the recovery is due a few simple words … Continue reading

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January 6, 2015

An Ugly Start January 6, 2015 (2:25 pm) Welcome to 2015. We actually saw a classic end to 2014, an October low leading to a turn-around rally, a positive November followed by a mid-December slump and Santa Clause Rally. January … Continue reading

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January 5, 2015

The S & P fell 37 to 2021, off 1.81% Crude closed below $50    

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