End of 1st Quarter Review: DOW & USD

Dark Clouds Over Market & Investors 

The disappointing jobs data have dented the market’s ability to continue its upward trajectory. As a tentative weakness on the economy’s growth have fueled uncertainty on the FED’s timing increasing rates. Although, the eventuality of pursuing rate increase still remains intact only to be perceive as to when the appropriate time would be made. 

The opening month of January 2015 reflected the correction on the Dow which led a continuing rally for February. While March shows a similar price pattern for consolidation.

The roller coaster ride in the stock market’s direction reflects the presence of volatility that exists in the market. While investors have taken some initiatives to unwind positions at the end of the quarter’s trading activities especially under these uncertain circumstances coming out from the recent reports. 

Correlating the Jobs data with the strength of the USD and lower Oil prices added to the negative tone as lower activity was focused on the affected manufacturing and retail leisure hiring with weather related reasons for the slower growth in new employment as a major factor. 

       End of 1st Quarter Review