Frazier Allen: When Will the Market Make a New High?
March 10, 2016
Clarksville, TN – The equity market remains mired in a troubled spot. Trading over the past 30 days saw a meager counter-trend rally of +4.3% on a closing basis. A decline of just under 6% quickly ensued and pushed the S&P 500 to new closing (1829) and intra-day (1810) lows.
Lower highs and lower lows are not a good outcome for the bulls. For the very near term, a counter-trend rally is possible due to oversold internals. However, with plentiful amounts of overhead resistance, a new high for the market does not seem plausible any time soon.
Frazier Allen
F&M Bank Ranked Among Top U.S. Community Banks in Social Media
July 3, 2014
Washington, D.C. – F&M Bank is ranked in a Top 50 List that “highlights the community bank social media trailblazers among the financial industry.” On Monday, the Independent Community Bankers of America® (ICBA) released its second annual Top 50 Community Bank Leaders in Social Media.
The listing is based on fans/followers, engagement, content and frequency of posts. According to an ICBA announcement, “These top community banks provide fresh content, thought leadership, advice and consistent touch points to their brands. Community banks are naturally influential within their communities, which translates easily into social media.”
Sammy Stuard, President & CEO, F&M Bank
