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Daily State of the Markets Monday Morning – July 25, 2011 Good morning. First there was the self-imposed July 22nd deadline for the leaders in Congress to come up with a plan to deal with the debt ceiling and budget...

Daily State of the Markets Thursday Morning – July 21, 2011 Good morning. It is said that the stock market discounts what is likely to happen over the next three to six months. While I firmly agree with this concept,...

Daily State of the Markets Wednesday Morning – July 20, 2011 Good morning. I don’t know about you, but I have had a hard time staying calm lately whenever the subject of the political wrangling over the debt...

Daily State of the Markets Tuesday Morning – July 19, 2011 Good morning. Stocks finished lower again on Monday as traders around the globe failed to bite on the idea that the European stress tests results were a...

Daily State of the Markets Monday Morning – July 18, 2011 Good morning. Although stocks did finally manage to hold onto a gain on Friday, it felt more than a little artificial as the tug of war between the macro...

Daily State of the Markets Friday Morning – July 15, 2011 Good morning. During times of uncertainty in the market, the major indices have a tendency to seek an equilibrium point between hope and fear. With so many...

Daily State of the Markets Thursday Morning – July 14, 2011 Good morning. Stocks started off strong on Wednesday on the back of batch of decent data out of China and then really got moving to the upside when traders...

Daily State of the Markets Wednesday Morning – July 13, 2011 Good morning. In my humble opinion, Tuesday’s market action epitomized the current up-and-down, news-driven, worrisome market environment. As I told a...

Daily State of the Markets Tuesday Morning – July 12, 2011 Good morning. Maybe it’s the jet lag talking or perhaps I’ve simply become a little cynical after 25 years in this business. But,...

Daily State of the Markets Monday Morning – July 11, 2011 Good morning. The bears clearly had an opportunity on Friday. For starters, the market had run up nearly +6.7% in a matter of eight trading days and as such,...