Market Research

Since the start of the year, the market has been trading in a very narrow range, with multiple crosses over the 50 day moving average, a measure that many market participants use to gauge the intermediate direction of the market. There have been 27 crosses above or below the 50 day moving average since January [...]

Looking Back on 2014 – an average year in some respects, decidedly not in others 2014 turned out to be fairly close to being an “average” year. The S&P 500 was up 13.7% and the Dow Jones Industrials were up 10.0% - a touch higher than the long term averages. This was largely our outlook [...]