An Abrupt Rally Failure?
Daily State of the Markets Tuesday Morning – June 22, 2010 If you had been out on the golf course yesterday and hadn’t seen the intraday action, you might be tempted to wave off a drop of 8 points on the...
Read MoreDaily State of the Markets Tuesday Morning – June 22, 2010 If you had been out on the golf course yesterday and hadn’t seen the intraday action, you might be tempted to wave off a drop of 8 points on the...
Read MoreDaily State of the Markets Monday Morning – June 21, 2010 The discussion after Friday’s quadruple-witch expiration event was whether or not there could be anything gleaned from the day’s rather...
Read MoreDaily State of the Markets Friday Morning – June 18, 2010 Stocks spent the vast majority of Thursday’s session looking for direction as traders attempted to digest the contradictory news flow. But then,...
Read MoreOver the past few months, investors have been inundated with analysts posturing about the affects of the European debt crisis. The basic questions that continue to worry investors include: To what extent will the crisis spread?...
Read MoreDaily State of the Markets Thursday Morning – June 17, 2010 Traders apparently busied themselves with both sides of the argument during Wednesday’s session as the bulls and bears finished in a draw....
Read MoreDaily State of the Markets Wednesday Morning – June 16, 2010 Those that know me are aware that I’ve long held the belief that the 200-day moving average is a relatively silly indicator. To be sure, there...
Read MoreDaily State of the Markets Monday Morning – June 14, 2010 There appeared to be something missing on Friday. Something that allowed traders to focus on the bright side for a change, even if just for a few...
Read MoreIt is said that the stock market likes to climb a wall of worry. If that’s the case, this market is likely to head higher – and soon – because if there is one thing for certain these days it is that there is an...
Read MoreDaily State of the Markets Friday Morning – June 11, 2010 Perhaps the third time will indeed be the charm. Everybody knows that after a significant decline, stocks tend to experience a rebound. And it is during...
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