Stocks Roar Back; American Apparel Business Model Fails

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks kicked off the week in rally mode Monday as investors view a Federal Reserve interest rate hike this year as less likely after Friday’s weak jobs report raised questions about the pace of U.S. growth. Third quarter earnings season kicks off this week when Alcoa (AA) reports on Thursday. Analysts are …

Halfway Through The Year The S&P Is Up 6%

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Both the Dow and S&P 500 lost ground slightly after flirting with record highs previously. We are now officially halfway through the trading year and the S&P 500 is up 6%, logging 22 record highs along the way. Over the past two months stocks have resumed their upward trajectory after getting off …