Author: NULL

Long-time readers know that I spend the vast majority of my time trying to determine and decipher the current drivers of the stock market. And after more than 25 years in the game, I’ve learned that the market is basically a...

Daily State of the Markets Friday Morning – May 21, 2010   Stocks had a rough outing yesterday, to say the least. Moving averages were broken, support levels snapped, lower-lows were put in, and the volume was strong. All of...

Daily State of the Markets Thursday Morning – May 20, 2010   I’ll be in Chicago early in June (June 8th to be exact) hosting a meeting for investment advisors and one of the questions that is sure to come up is “Are...

Daily State of the Markets Wednesday Morning – May 19, 2010   What a difference a day makes. At this time yesterday, the bulls were busy suggesting that Monday’s reversal meant the corrective phase had ended and that...

Daily State of the Markets Tuesday Morning – May 18, 201 The questions stock market investors – especially those who watch the action on the charts – are probably asking after yesterday’s action are: Is that...

Daily State of the Markets Friday Morning – May 14, 2010   I’ve been around long enough to have seen a “crash” or three. While these experiences are never pleasant (even when you are on the right side of the...

Daily State of the Markets Thursday Morning – May 13, 2010   Stocks advanced smartly on Wednesday as it appears the funeral for Europe and the Euro currency has been called off, or, at the very least, postponed. With a host of...

Daily State of the Markets Wednesday Morning – May 12, 2010   The major indices did a little backing-and-filling yesterday as it appeared traders were trying to get comfortable with Monday’s massive gains. There was...

Daily State of the Markets Tuesday Morning – May 11, 2010   Isn’t it interesting what a little market pressure can do to the stance of a political entity? Last week, investors fretted that the ECB lacked a sense of urgency...

Daily State of the Markets Monday Morning – May 10, 2010   From February 9th through April 26th, the stock market was a one-way street as the bulls confidently moved prices higher on an almost daily basis. With evidence mounting...