On paper things looked great for the markets as we wrapped up the 3rd quarter. The S&P 500 was up 6.35%, foreign markets as measured by the MSCI EAFE rebounded and were up 6.92% and emerging markets were up 6.97%. Even the bond market had a decent...
The S&P 500 attempted to break above its high of May 2011 last week and was briefly trading at multi-year highs. That May 2011 high which is around 1370 for the S&P 500 (red horizontal line in chart) is a very important resistance area. In technical...
Today the market took some sharp losses as I’m sure you’ve heard about excessively through your mainstream media channels. The major markets suffered losses around 5% just today (8/4/2011). We thought it was important for you to know our thoughts about the market and...
Markets closed the first half of the year with a bang. Through June 24th the S&P 500 was up just over 1% for the year. Then, in the last four days of June the market rallied over 4% to bring the S&P 500 up to a total return of 5.01% for the first half of the...
