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Bend But Don’t Break

Daily State of the Markets Monday Morning – March 1, 2010  After an 8% correction and then the requisite rebound, we have to give the bulls some credit for refusing to yield last week. After all, with the Dow...

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More Than Meets The Eye?

Daily State of the Markets Friday Morning – February 26, 2010   While I am not a big conspiracy theory guy, I will admit that there may have been more than meets the eye behind yesterday’s quick dive and...

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What Did We Learn?

Daily State of the Markets Thursday Morning – February 25, 2010   The Dow dropped 101 points on Tuesday only to rebound 91 points on Wednesday. So, is there anything to take away from the back-and-forth action or...

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Just A Confidence Thing?

Daily State of the Markets Wednesday Morning – February 24, 2010   Good morning. It was confidence, or in this case, a lack thereof, that was the focal point of trading on Tuesday. Just about the time traders...

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And Now We Wait

Daily State of the Markets Tuesday Morning – February 23, 2010   After having moved higher four straight days last week and in six of the last eight sessions overall, it is safe to say that the bulls had earned a...

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Bulls Pass The Test

Daily State of the Markets Monday Morning – February 22, 2010   Good morning. Although the final tally didn’t look like much on Friday, the bulls received a passing grade on a very big test. If you had told...

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Cause and Effect

Daily State of the Markets Friday Morning – February 12, 2010   Good morning. One of my biggest pet peeves in this business is when the popular press oversimplifies the action in the market or gets it flat-out...

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A Disconcerting Pause?

Daily State of the Markets Thursday Morning – February 11, 2010   Good morning. With a deal to help Greece (and the rest of the PIGI’S for that matter) apparently in the works, one might have expected...

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Still All About the PIGI’S

Daily State of the Markets Tuesday Morning – February 9, 2010   Good morning. The bulls tried mightily Monday to extend their streak of consecutive winning Monday’s to nine. But at the end of the day,...

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Is It Over?

Daily State of the Markets Monday Morning – February 8, 2010   Good morning. Traditionally, the big story on the first Friday of every month is the Big Kahuna of economic data, aka the Nonfarm Payrolls report....

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