Déjà vu all over again. The stock market in the month of November started with the S&P 500 falling sharply from the major resistance levels around the vicinity of its August highs. This initial decline was to be expected after the extremely powerful move up from the lows established in August. Just when the market began testing these recent lows, it rallied and recouped most of the losses later in the month. As has been the case for most of 2015, however, just when the market

Dear Valued Clients and Friends, MARKET PERSPECTIVE: The stock market in the third quarter was a tale of two tapes. Over the quarter, the Nasdaq 100, the S&P 500, and the Nasdaq Composite were down –4.91%, -6.94%, and -7.35%, respective-ly. When you compare this to the Russell 2000 Growth Index decline of -13.20%, the picture you see is that a select list of high profile, large cap companies such as FB, AMZN, GOOGL, and AAPL masked the damage which had been done not only to t