EOT Update
EOT Position Update – September 23, 2015
Market Snapshot We’re back at it again after a short break last week. Let’s take a look at what’s going on… The big news was the Fed deciding to keep interest rates unchanged. There was wide-spread speculation they were going to hike rates for the first time in a decade… but it didn’t happen. The […]
EOT Position Update – September 9, 2015
Market Snapshot The summer is coming to an end… and the telltale signs of fall are all around. It’s a great time of year, I’m looking forward to the first day of sub-100 degree temperatures and evenings that actually dip below 90 degrees here in the desert. Not to mention, college football is already underway […]
EOT Position Update – September 2, 2015
Market Snapshot The calm and boring summer of range bound trading was broken in an instant. As you can see, the S&P 500 broke through the key technical support level of the 200-day moving average on August 20th. And all hell broke loose… The primary cause of the selloff was China. As we’ve talked about […]
EOT Position Update – August 26, 2015
Market Snapshot All hell broke loose in the stock market over the last week. Looking back, it’s not hard to see how we arrived at this point. A weak global economy, over-supply of oil, and slowing earnings growth in the US are serious headwinds for stocks. The US earnings situation is made worse by falling […]
EOT Position Update – August 19, 2015
Market Snapshot So far the summer of 2015 has been a forgettable one for stocks. Right now the S&P 500 is up a paltry 3.4% year-to-date. Over the last six months, the large cap index has gyrated up 1%… down 1%… up 2%… down 2%… and going nowhere fast. What’s more, we’re no longer seeing […]
EOT Position Update – August 12, 2015
Market Snapshot The big story over the last few weeks has been oil prices. As you can see, oil prices reached a low around $43.00 in March. Then they rallied 40% up to around $60.00. After holding here for a few months, oil prices have given back those gains and are threatening to break even […]
EOT Position Update – August 5, 2015
Market Snapshot These are the dog days of summer… more often than not, this a quiet time of year for the financial markets. And this year is no exception. Now that we’ve passed the peak of earnings season, there’s sure to be even more major players packing it in for a few weeks of vacation. […]
EOT Position Update – July 29, 2015
Market Snapshot I saw an interesting statistic the other day that really sums up the stock market performance this year. The Dow Jones Industrial Average has crossed over between gains and losses a record setting 21 times in 2015… and it’s only July! That’s a clear indication of indecisiveness among investors. And the AAII Investor […]
EOT Position Update – July 22, 2015
Market Snapshot It’s been an interesting summer for the financial markets, to say the least. There has been more than enough noise from China and Europe to last a lifetime. Thankfully Greece has agreed to their creditors’ demands. They’ve once again kicked the can far enough down the road that it’s no longer impacting the […]
EOT Position Update – July 15, 2015
Market Snapshot Greece finally caved to the demands of their European creditors. Their aid package of 86 billion Euros is in route to bailout the country and stave off an exit from the EuroZone. Unfortunately, the end of the Greek drama (for now anyway) hasn’t put an end to market dynamics that have been dominating […]
