EOT Update
EOT Position Update February 12, 2014
February 12, 2014 Market Snapshot Janet Yellen made her first appearance on Capitol Hill since being sworn in as the new Chairman of the Federal Reserve this week. She stuck with the strategy former chairman Ben Bernanke set forth. In short, they will continue to wind down their massive bond buying program known as ‘the […]
EOT Position Update February 5, 2014
February 5, 2014 Market Snapshot Wow!!! After months and months of low volatility trading for US stocks, a good old fashioned market correction feels foreign. One thing’s for sure, volatility has returned with a vengeance. Higher volatility means we have to pay more for our options. In fact, identifying cheap put options has been nearly […]
EOT Position Update January 29, 2014
January 29, 2014 Market Snapshot It’s been the ugliest week for stocks in months. The S&P 500 is down nearly 4% over the last week. As far as pullbacks go, it’s mild. Short term corrections of 5% to 10% are healthy in a bull market. So why does this pullback seem to sting a little […]
EOT Position Update January 22, 2014
January 22, 2014 Market Snapshot The sluggish start to 2014 continued this week. The S&P 500 is down slightly year-to-date. The poor performance hasn’t put a damper on investor sentiment. Everyone from fund managers that oversee billions of dollars in assets to everyday do it yourself investors are bullish on stocks right now. When the […]
EOT Position Update January 15, 2014
January 15, 2014 Market Snapshot After a sluggish start to the year, the S&P 500 looks to be getting back on track this week. The large cap index hit a high of 1,849 on December 31st. It dropped 1.8% to a low of 1,815 on Friday, January 13th before rebounding and hitting a new high […]
EOT Position Update January 8, 2014
January 8, 2014 Market Snapshot Happy New Year! After an exciting 2013, I’m fired up to make 2014 our best year yet. So, let’s get started! The Santa Claus rally delivered the S&P 500 to a new all-time high. The large cap index finished the year at 1,849. As we start the year, investor optimism […]
EOT Position Update – December 26, 2012
December 26, 2012 Market Snapshot Merry Christmas and Happy Holidays! The markets are re-opening with holiday hangover after being closed for Christmas yesterday. The S&P 500 has shed 0.5% today on light volume. Shares of retailers are getting hammered today. It appears that the amount of money holiday shoppers spent this year increased 0.7%. That’s […]
EOT Position Update – December 19, 2012
December 19, 2012 Market Snapshot Another week with more of the same… You guessed it. Investors are focused on the fiscal cliff. As the negotiations between President Obama and House Speaker Boehner go back and forth, the markets seem to ebb and flow with every comment. Judging by the S&P 500’s strong performance this week, […]
EOT Position Update – December 12, 2012
December 12, 2012 Market Snapshot Today is the last Fed meeting of the year. And Old Saint Bernanke delivered his Christmas presents to the market a few weeks early this year. The Fed Chairman announced the Fed will initiate a new $45 billion per month asset purchase program. Yes… this is QE4. He also explicitly […]
EOT Position Update – December 5, 2012
December 5, 2012 Market Snapshot I hate to sound like a broken record, but until something is done about the fiscal cliff, it’s the only story that matters. At this point, President Obama and the Democrats have put forth one plan. And House Speak John Boehner offered up a plan backed by the Republicans. In […]
