Stay connected:

More content from John Caiazzo (Guest Columnist):

Equities Stay Strong With Weak Volume

Market Commentary Week ending November 29, 2013 Hoping you enjoyed a Happy, Healthy and Safe Thanksgiving Overview and Observation: Watching the markets this week was like watching paint dry. In anticipation of a Thanksgiving mad shopping rush the markets for the month end provided little in the way of excitement. Not nearly as exciting as watching the maniac shoppers at … Read more »

Yellen’s Confirmation Hearing Supportive for Equities

Market Commentary Week ending November 15, 2013 Overview and Observation: The Senate confirmation hearings for the new Federal Reserve Chairman went well with the appointee, Janet Yellen stating that she agreed with the current stimulative policy. That “soothed” the markets and allowed equities to make new highs. With confirmation all but completed, the real problems are re-emerging. The economies of … Read more »

Treasuries Buy the Rumor Sell the Fact

Market Commentary Week ending November 1, 2013 Interest Rates: December Treasury bonds closed at 133-23 on Friday, down more a one full handle pushing yields higher for the first week in the past three. Investors remain concerned over if and when the U.S. Federal Reserve will reduce its accommodative stimulus program. The market is on “alert” for any clue to … Read more »

Sequester Replaces Shutdown as Main Market Focus

Market Commentary Week ending October 25, 2013 Overview and Observation The problems with the Affordable Health Care persist with a new promise that the infamous website,, will be fully operational in a month. A lot of wasted time with the Government shutdown and aside from a minor concession by Republicans, it was voted in. The only question remaining is … Read more »

Shutdown Deal Relief Rally Overdone

Market Commentary Week ending October 18, 2013 Overview and Observation A deal was finally struck within hours of the deadline for a U.S. budget meltdown and removed the possibility, for now, of a U.S. credit default. Unfortunately it represents a short term “fix” and the problem, as described by the media “ad nauseum” of kicking the can down the road … Read more »

Shutdown Deal Rally Premature

Market Commentary Week ending October 11, 2013   Interest Rates: The December 30 year Treasury bond closed at 132-26, up 5/32nds on Friday. The University of Michigan/Thomson Reuters consumer sentiment index declined to 75.2 for October against 77.5 in September, the lowest reading since January.  A report by the Carlyle Group that the U.S. economy grew at an only 1.7% … Read more »