mmfnschedule   mmfnschedule

Monthly Archive: June 2015

Jun 30

Greek negotiations caused markets to fall

6/29/15 Market Recap: Global markets began the week on a negative note as the weekend’s faltering Greek negotiations caused markets in Asia, Europe, and the US to fall sharply on Monday. The Greek debt drama went from bad to worse over the weekend with Greece choosing to set up a referendum to vote on the …

Continue reading »

Jun 29

This Week’s Market Moving Events

Market Recap 6/26/15: Markets closed the week on a mixed but choppy note as a lack of any noteworthy news did little to move the markets significantly in a particular direction. Though there was added volume near the end of the day because of the Russell index’s mid-year rebalancing, the pause in negotiations gave investors …

Continue reading »

Jun 26

Greek uncertainty & falling oil prices outweigh economic developments

6/25/15 Market Recap: Equities ended a choppy trading session lower yesterday as Greek uncertainty and falling oil prices outweighed positive economic developments and strength in the Healthcare sector. Markets began the day on a positive note thanks to the release of some better than expected economic news. Consumer spending rose .9% in May, its greatest …

Continue reading »

Jun 25

Optimism Gave Way To Pessimism Yesterday

Market Recap 6/24/15: Optimism gave way to pessimism yesterday as it became clear that there are still significant roadblocks to a deal that would save Greece from a debt default. According to several reports, including one from the Wall Street Journal, there were plenty of red colored notations made by creditors on Greece’s latest drafted …

Continue reading »

Jun 24

Equity Futures Are Moving Lower This Morning

Market Recap 6/23/15: Once again, optimism surrounding a possible deal preventing a Greek default spurred the markets forward. Unlike Monday’s session however, trading yesterday was choppy and the market’s gains were merely modest. Economic data on the day was mixed with disappointing durable goods data being weighed against better than expected new home sales numbers. …

Continue reading »

Jun 23

Markets began on a positive note and never looked back

6/22/15 Market Recap: The markets began the day on a positive note and never looked back, ending the first trading session of the new week higher. Markets cheered positive developments coming out of Brussels where a last minute summit is finally leading to some optimism that a deal might actually get done in time to …

Continue reading »

Jun 22

This Week’s Market Moving Events

6/19/15 Market Recap: After three days of gains, the market finally lost its momentum, closing lower to end a generally positive week. Equities fell on the day as investors focused once again on the impasse and overall uncertainty in Greece and their inability to resolve their debt crisis. However, despite losses of half a percent …

Continue reading »

Jun 18

Markets Turned Higher

Market Recap 6/17/15: After a range-bound start to the trading session, the markets turned higher after the conclusion of the FOMC meeting and held on to close the day with slight gains. As expected, the Fed refused to rock the boat, continuing to reiterate that though the economy is moving to an environment where a …

Continue reading »

Jun 16

Pockets of opportunities

6/15/15 Market Recap: Equities began the week on a lower note yesterday as investor pessimism regarding Greek’s debt situation continued to rattle global markets. News of breakdown of weekend talks between Greek officials and creditors caused the averages to open significantly lower. Watch our CNBC interview here   Though the markets were eventually able to …

Continue reading »

Jun 15

Investors focus shift overseas once again

6/12/15 Market Recap:   Equity markets fell on Friday as investor focus shifted overseas to Europe once again amidst fresh concern that Greece would default on its debts. In a dinner last Thursday night, officials from all 19 Eurozone countries debated the possibility of a Greek default and consequent exit from the euro, the first …

Continue reading »