Hedge Funds Go To DJ-30 In “Flight To Safety”

The “flight to safety” continued this week as the big money stuck with the Dow for a weekly gain of 124 points. In contrast, we saw the Nasdaq consolidate throughout the week, with the close on Friday less than 2 points from where it opened on Monday. The...

Market Update – Mar. 19, 2017

Last week the Fed raised rates another 1/4 point, only the 3rd rate hike in 10 years, and stated they expect three rate hikes in 2017, two or three in 2018 and three in 2019. Sounds like the end of the bull market? Maybe, but we need to put this in perspective. The...