We lost someone special. His name is Steve. He passed just two weeks before his 80th birthday. Steve Noroian made an impact on pretty much all he encountered. He joined our firm five years ago.…
Mike FrazierAugust 30, 2019
Market opens sharply higher after a wild overnight session which gapped down lower initially, following Friday's sharp selloff. Something important to point out was the significant increase in volume on Friday. The selloff came on 2.5X normal…
Mike FrazierAugust 26, 2019
I literally wrote two pieces earlier today, only to ditch the first, then the second, because the Market moving events kept building hour by hour. I decided just to wait until the Market closed for the…
Mike FrazierAugust 23, 2019
What's going on in the world... Market opens higher on the back of more impressive retail earnings. Lowes and Target are soaring in early trading. Many retailers have been left for dead. The American Consumer is still spending. They’ve…
Mike FrazierAugust 21, 2019
We pay very close attention to politics, as they have significant influence on the Market. Our job is to interpret developments and anticipate impacts. It can be a tough task, considering how emotional and divided our nation…
Mike FrazierAugust 16, 2019
What's going on in the world... Market opens lower, effectively giving up the gains from yesterday. The yield curve officially inverted between 2’s and 10’s. That means that now the 10-Year Treasury yield is lower than the…
Mike FrazierAugust 14, 2019
Market opens with a downward bias again, as the situation in Hong Kong gets worse. The level and scope of protests have expanded. So has the violence. The Hong Kong airport, one of the busiest in the world,…
Mike FrazierAugust 12, 2019
This was an incredibly volatile week. The Stock Market was like a rollercoaster, with deep dives and massive surges which whipsawed investors around, but it ended the week at roughly the same place it ended last…
Mike FrazierAugust 9, 2019
We knew this was going to be a big week. It was perhaps the most significant week thus far in 2019 for investors. It was the busiest week for earnings, with nearly 1/3 of the…
Mike FrazierAugust 2, 2019
What's going on in the world... Market opens in the green on the back of a better than expected Apple report. Apple is driving the DOW by roughly 84 points alone. But the headline of…
Mike FrazierJuly 31, 2019
This is officially the longest economic expansion on record in the US. Gross Domestic Product has now increased for 121 consecutive months, outdistancing the growth in the 1990s. The economy expanded at a 2.1% annual…
Mike FrazierJuly 26, 2019
