Bouchey Blog

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S&P Downgrade Comments

By drawpub | August 8, 2011

With the recent downgrade of the US credit rating by Standard & Poor’s, I wanted to share my views before the markets open in Asia and Europe later this evening and the US markets on Monday morning. I’m not sure where to begin other than to say, once again, we are in unchartered waters but…

Bouchey Financial Group

Second Qtr 2011

By drawpub | July 18, 2011

I hope you are enjoying these lazy hazy days of summer….it is flying by too fast. As I write this, there is still no decision on the Debt Limit and Corporate earnings season is just getting underway. What’s not happening too fast is how our elected official(s) in Washington are dealing with the Debt Limit…

Bouchey Financial Group

6 Down Weeks in a Row

By drawpub | June 13, 2011

I feel that the markets are taking a breather here and am hopeful that the stock market will be higher at the end of the year. It’s not unusual that the economy has slowed after the flooding in the Midwest, the Japanese earthquake, tension in the Middle East and rising oil prices. On top of…

Bouchey Financial Group

First Qtr 2011

By drawpub | April 18, 2011

Spring is in the air, Tax Day has come and gone and the economy is growing! The economy is growing ever be it so slowly, but at least it’s getting better. The US stock market had its best 1st quarter since 1998 with the Dow gaining +6.4%, the S&P 500 +5.4%, Nasdaq +4.8% and +7.6%…

Bouchey Financial Group

2010 Year End

By drawpub | January 13, 2011

Here’s to the bright New Year, and a fond farewell to the old; I extend to you my best wishes for perfect health and a fulfilling new year! While 2010 ended in positive territory for the major indices, the ride was anything but smooth. The May 6th “flash crash” and continued worries over European debt…

Bouchey Financial Group

Easy Street

By drawpub | September 24, 2010

Easy street can be defined in many ways from financial security to a Charlie Chaplin movie. What concerns me are the bond investors who have benefited from a 28 year  rally not knowing when it will end, driving down an easy street without much risk. August was another depressing month and some investors were scared…

Bouchey Financial Group

Labor Day Blues

By drawpub | September 3, 2010

Do you remember the jingle…..Once Twice Three Times a Lady etc……… “Three Times A Lady” was a popular song from the funk/soul band the Commodores back in 1978. It is also a nice way to describe the past three days of positive reports on the economy. Sing it again Sam!!! Last week on my radio…