Bedell Frazier Investment Counselling

Blast Off

Up, up, and away has certainly been the theme for stocks all Spring. Actually, blast off is more like it. Nothing has stalled this mighty ascent. Tech Stocks continue to lead the charge higher. The Stock Market hasn’t cared about rising interest rates, high gas prices, nagging inflation nor a war in the Middle East. It just has not cared. It’s also caught so many by surprise...

Memorial Day

We are nearing the halfway point for 2026. Summer is just around the corner. Graduations are in full swing. Time sure flies. Memorial Day officially kicks off the Summer driving season. Fuel consumption usually spikes this time of year. And we all know the price at the pump is sky high...

To Beijing, with Love

The widely anticipated Beijing summit has come and gone. There was pomp, circumstance, and a whole lot of handshakes. But there was very little in the way of meaningful action. There were no major breakthroughs. There were no confirmed deals. And according to our sources, this is as good of an outcome as could have been expected. The result is seemingly more stability in the relationship of the 2 superpowers and the status quo for policies. In other words, they kicked the can down the road, hand in hand, with smiles...

Captain Courageous

Deal or no deal? The ceasefire is on or off? Or, as one of our Washington sources framed it: Ceasefire in Name Only. The situation is beyond confusing. The conflict in Iran has been head-spinning, and the price of Oil has reflected the volatile news flow. WTI fell below the $100 level. But it remains elevated in the mid $90s. The December contract is holding pretty firm just below $80. That suggests supplies should improve towards year-end. But that isn’t helping prices at the pump, which are north of $6 in many California cities. High prices continue to take a toll on the American Consumer. The price of Oil was $55 just before the conflict...

What Happened and Why It Matters - Another Rapid Rundown

Unfazed: That pretty much sums up the Market’s response to the ongoing conflict with Iran. The price of crude surged back above $100 this week. The Market barely blinked. It’s been trying to move past the conflict. Politics and geopolitics definitely can influence price action. But more than anything else, it’s earnings that drive stock prices. We are smack dab in the middle of Q1 Earnings Season and this was the biggest week. The Tech Titans took the field. This, in addition to a Fed meeting, a Royal visit, new data for the U.S. Economy and a surprising OPEC departure. It was quite a week. In the face of so many issues, risks and events, the Stock Market remains all Bulled-up. Here’s another rapid rundown of what happened and why it matters...