Mixed Messages
This morning the major market indexes are trading slightly lower. The markets have bounced around 10.0 percent higher in the month of July. However, after such a rally a pause or pullback is common. Yesterday the markets...
Read MoreThis morning the major market indexes are trading slightly lower. The markets have bounced around 10.0 percent higher in the month of July. However, after such a rally a pause or pullback is common. Yesterday the markets...
Read MoreThe homebuilder stocks have lead the markets lower since August 2005 when they all seemed to peak. Since that time the world has experienced a global housing bubble and still feels the aftershocks from that collapse. Many...
Read MoreToday the major market indexes are trading flat on the session. This morning the futures were sharply higher after Du Pont & Co (NYSE:DD) reported positive earnings. Since when has Du Pont & Co become a major market...
Read MoreSpeculative money has started to flow back into the market. After months of the small caps being dead and money flowing out of them, they have started to turn the corner higher. Most small cap and micro cap stocks have...
Read MoreThe SPDR S&P 500 ETF (NYSE:SPY) ran into the key 200 moving average level yesterday as the market closed. We discussed this in depth, talking about how in the short term, it would be solid resistance. This morning, the...
Read MoreThe collapse of gold continues as the SPDR Gold Trust (NYSE:GLD) is trading at $113.64, down -1.88 (-1.63%). Stocks like Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) and...
Read MoreThe Market Vectors Gold Miners ETF (NYSE:GDX) have topped out on June 28th around the $54.00 level. Since that time this basket of gold mining stocks has declined sharply and is now trading around the $47.67 area. On July 19th...
Read MoreSince the early July stock market low the sentiment has completely changed. In late June and early July every business talk show in the media was mentioning a stock market death cross (50 moving average crossing over to the...
Read MoreMost retail stocks have bounced higher since the July lows. Some stocks have had much better bounces than others. However, the entire sector is lagging the market at this time and a few leading retail stocks should be watched...
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