The Killen Group

In retrospect, our last Market Commentary, sent to you on October 5th, was written at the nadir of the stock market’s pullback from the top made in late spring of this year. After a two-year rally, with only a modest pause in the summer of 2010, the negative and volatile market action experienced in the Read more »

In our last Market Commentary, dated August 10th, we said that the 17.6 percent decline in the DJIA from its May 5th recovery high had become exhausted and that a “base-building” process would probably begin. Base-building is a process of price stabilization that occurs after a significant price decline where a trading range is established, Read more »

The market decline that we have all witnessed in the past couple of weeks against the backdrop of the federal debt ceiling negotiation has been unsettling and disappointing, to say the least. In order to operate effectively, any large organization needs to have a long range plan and the United States is no different. It Read more »

Last week the Dow Jones Industrial Average declined for the sixth consecutive week. However, the drop has been modest and at the end of last week the DJIA was down only 7.2 percent from its recent recovery high of 12,876. Other market indices have fared worse in this period; for example, the Russell 2000 has Read more »

Bull markets are notorious for climbing a “wall of worry.” Since this cyclical bull market began in March, 2009, it has had to overcome more than the average number of economic, financial, government regulatory and global geopolitical issues. Most recently has been the Japanese catastrophe caused by an earthquake, resulting in a tsunami that has Read more »