Ho Ho Ho What A Run

This was the biggest two day move in the market in three years.  The key indices started the Thursday session on a sharply higher note after equity futures received an early morning boost, which took place after the Swiss National Bank imposed negative deposit rates (-0.25%). The central bank said the move is aimed at […]

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Great Day For the Good Guys

The stock market ended the Wednesday session with solid gains that were paced by the Russell 2000. The small-cap index jumped 3.1% while the S&P 500 settled higher by 2.0% with all ten sectors registering gains. As expected by some, the Fed removed the “considerable time” language from its policy statement, but that reference was […]

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Another Wild One

The stock market endured a volatile session on Tuesday with investors keeping one eye on the oil market and one on the dollar/ruble exchange rate. The Russell 2000 (-0.1%) registered the slimmest decline while the S&P 500 settled lower by 0.9% after failing to hold its 100-day (1988) and 50-day moving averages (2001). The market […]

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Sector Weightings

Below is a look at how sector weightings have changed in 2014 and since the bull market began in March 2009. As shown, at the start of the bull market, Energy had a weighting of 14.05%, making it the third largest sector of the market. At 8.05%, Energy is currently the fourth smallest sector. This […]

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Sunday Set Ups

It was not a Black Friday, but it was dark enough to have investors fretting as we headed into the weekend. We have become so accustomed to having late-Friday rallies that calm investors’ nerves. Closing out the week with a Dow off by more than 300 points was definitely disconcerting. Friday’s vibe was quite different […]

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Better Today

True or false – the S&P 500 dropped 33 points (1.64%) yesterday because of an underperforming energy sector.  Answer: Totally false.  Large capitalization energy names only took 5 points out of the S&P, or 15% of the decline.  Technology was more the culprit, with 6 of those 33.7 down points.  Health care (5 points) and […]

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Wednesday Market Wrap -Energy Is Dying

This week’s top 20 % losers Energy: KWK (0.3 -53.76%), FST (0.57 -46.73%), EXXI (4.01 -45.59%), GDP (6.05 -43.09%), PVA (5.13 -39%), LPI (10.45 -38.67%), BPZ (0.6 -38.56%), SN (11.29 -36.32%), AMZG (0.94 -35.18%), REN (1.88 -34.04%), SFY (4.5 -33.92%), TPLM (4.82 -33.33%), OAS (18.38 -33.14%), SSE (7.78 -32.99%), EPE (10.69 -32.89%), CWEI (57.94 -32.75%), […]

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