Earlier this month, April 5th was an odd day for financial markets. During market hours, it was interesting to behold one of the strongest single hours of the year, at the open, when the market rallied 20 handles on no real news of consequence. Sales could be seemingly filled at any price. One felt an…

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treading-water

After a one year hiatus (CJF writing hiatus), the US equity market remains resilient, hovering around 2,100, in a historically tight range for the past 9-months. The 20-day, 50-day, 100-day, and now 200-day, moving averages are converging, because again, the market is flat. A few observations to re-engage investment dialogue on this blog… At risk…

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