5 Reasons The Fed Didn’t Taper, As I Expected….

Ben Bernanke didn’t taper today and stocks soared.  Most people began to whisper numbers that were floated in the media but were never ‘leaked’ by the FOMC or announced in news conferences by the Fed Chairman (which are being held for the first time ever under Bernanke’s tenure).  In essence, the numbers 10 billion, 15[…]

U.S. Markets Tip Tapering On September 2013 Fed Move, The Potential Impact On Emerging Markets, Europe?

Traders Indecisive As NASDAQ Halts Trading, Jobless Claims & Housing Starts Down: Fed tapering will have an impact on world markets and the U.S. housing industry.  Economic data for the week ended August 23 mainly, initial jobless claims and new home sales data was below expectations. Jobless claims for August 15, 2013 came in at[…]

August 2013 S&P 500 Technical Analysis Update

Today the market showed some signs of losing momentum and it was the second of two down days in a row for the Dow Jones Industrial Average in over a month.  Traders are set for summer doldrums associated with possible seasonal declines and technical analysis levels also show the overall market could be temporarily exhausted[…]

Stocks Slump After FOMC July 2013 Decision Ahead Of Jobs Number

FOMC More Accommodative After Rocky June: Stocks fell today in the afternoon after the FOMC kept interest rates at the same level and stayed accommodative as we expected.  The recent jump in home sales may be short-lived as consumers recalibrate and look forward to low interest rates ‘indefinitely’.  Ben Bernanke and company mentioned nothing about[…]

June 2013 New Home Sales Data Flattens Equities

Did Bernanke Really Put The Brakes On The Housing Market? Sometimes good news is bad news, especially when it suggests Ben Bernanke and the FOMC could start tapering sooner than later.  Today’s housing data showed the market is in good health with new contracts nearing May 2008 levels. U.S. new home sales in June 2013[…]

Bernanke Confirms Accommodating Stance In Congressional Testimony July 17, 2013:

Ben Bernanke Hasn’t Changed His Tune: Federal Open Market Committee Chairman, Ben Bernanke made it clear the Fed would be accommodating as long as economic conditions remain sluggish.  He also reiterated the Fed would hold assets long after it reduced purchases which would effectively keep the demand curve shifted and help interest rates stay low.  Although[…]

Russell 2K Closes At All Time High July 2013 After Bernanke Speaks Accommodatively

The recent rally in stocks has had many haters and new ones will be coming to the fore shortly.  The ‘most hated’ rally in history moved up another leg today after Ben Bernanke’s speech yesterday clarified which way the Fed will be headed.  The two most major initiatives of the FOMC are to monitor inflation[…]

FOMC, Bernanke Say No To Tapering In June 2013 Meeting But Markets Tank Anyway

This Could Be A Buying Opportunity For Equities In The Intermediate Run: Ben Bernanke and the FOMC kept interest rates the same and won’t be changing the current asset purchase program also known as QE infinity.  Bernanke was clear that the ‘downside’ risks were less great than a few months ago but if economic conditions[…]

S&P 500 Technical Analysis Update June 17, 2013

Stocks Look Shaky Before FOMC Meeting June 2013: Stocks are hitting resistance levels in a much more volatile week than most traders expected.  Many market participants are hedging just in case Ben Bernanke uses the “T word” tomorrow, but how can Bernanke mention tapering as opposed to possibly expanding QE? Chairman Bernanke has been explicit[…]

U.S. Economy Adds 175,000 New Jobs & Unemployment Rises To 7.6%, Why Taper?

Why Fed Tapering Talk Should End: All the talk about the Fed pulling the punch bowl on liquidity is a bit premature. Yes the stock market has been rising without pause for a few months but that doesn’t mean the economy is any more solid than 5 years ago when President Obama first entered the[…]