The stock market rally is continuing for the third consecutive day. Austerity measures in Greece were voted through this morning. This was widely anticipated but is still being cheered by Wall Street. The market is moving higher...
Read MoreOnce the Greek parliament voted in favor of the austerity vote the U.S. Dollar Index has rallied higher off the morning lows. Should the U.S. Dollar Index trade higher throughout the trading session we could expect the major...
Read MoreOne of the leading financial stocks in the entire stock market is Goldman Sachs Group Inc.(NYSE:GS). Since April 2010, this stock has been surrounded by a black cloud. Last year, the company paid out a record $550 million to...
Read MoreAs the markets catch their second up day in a row, solar stocks are pressing higher. This move in solar is most likely related to the bounce in oil. Always remember, when oil gets more expensive, more consumers will turn to...
Read MoreThe morning, the major stock indexes are surging higher. The Dow Jones Industrial Average is trading higher by 120.00 points and most major sectors in the market are participating in the rally. The airline sector looks to be...
Read MoreThe large major financial stocks are not rallying higher with the major stock indexes this morning. This leading sector continues to struggle on the charts. Most of the leading financial stocks remain in sharp down trends....
Read MoreThis morning, the major stock market indexes are rallying higher. The move in the market looks to be broad based as every sector seems to be inflating higher. Many traders and investors are very concerned with the events taking...
Read MoreWhen the U.S. Dollar Index declines the major stock indexes inflate and rally higher. This inverse relationship between the U.S. Dollar Index and the major stock indexes are as inverse as they have ever been. Traders and...
Read MoreThe markets are hanging on to the side of the cliff. They are unwilling to break and that is saving investors from an ugly death spiral. Last week I discussed a major trend line that starts at the pivot low from May 2009. If...
Read MoreThe stock market is solidly higher today on the back of a weaker Dollar. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $127.47, +0.66 (+0.52%) while the PowerShares DB US Dollar Index Bullish (NYSE:UUP) is trading at...
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