Following the fireworks of BREXIT that marked the end of the second quarter, stocks rallied into mid-August reaching an all-time high for the S&P 500® Index. From there, stocks meandered with a slight downward bias until a rally in late September brought the major...

The S&P 500 closed down 2.45% today. We believe there is more downside to come but not a crash and not a systemic downturn in the market. Markets have remained too calm for too long. There needs to be a bit of an uptick in volatility and we are prepared to take...

We are pleased to announce the launch of our new website. You can still find it at www.kesslerig.com. What you will notice is a look and feel that is fresh. As always, you will find an archive of our recent commentaries, biographical information and some photos of our...

The stock market settled down in the first two and a half months of the second quarter from the extreme volatility we experienced in the first quarter. With the exception of a few days in May, the S&P 500® Index stayed above the March 31, 2016 level which kept the...

Markets have begun to open in the Far East as I write. So far we are seeing a bit of a carryover from Friday’s action. That is, the Pound Sterling is weak, gold is strong, equities are weak and the hand wringing is a bit feverish. This is not surprising nor is it a...

As usual, I found myself watching overnight markets and news coverage of the latest “Biggest Event Ever”. This time the “event” was the vote on “BREXIT” or, in other words, the United Kingdom’s decision to stay (“IN”) or leave (“BREXIT”) the European Union of which...