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Daily State of the Markets Friday Morning – February 5, 2010   Good morning. Market technicians like to say “the tape tells all.” The thinking among chart watchers is you should ignore the news and just watch the action on the...

Daily State of the Markets Thursday Morning – February 4, 2010   Good morning. As we opined on Wednesday, the reality that punitive legislation might be tough to actually accomplish helped stocks recover from a two week, -6.6%...

Daily State of the Markets Wednesday Morning – February 3, 2010   Good morning. As I have mentioned a time or twenty over the years, the goal of our morning missive is to attempt to identify the driving forces behind the...

Daily State of the Markets Monday Morning – February 2, 2010   Good morning. If Monday’s are starting to give you a feeling of déjà vu all over again, don’t be alarmed. In doing a little digging, we found that yesterday’s gain...

Daily State of the Markets Monday Morning – February 1, 2010   Good morning. Since Friday afternoon, the bear camp has been telling anyone that will listen that Friday’s tape action was simply horrid and represented a classic...

Daily State of the Markets Friday Morning – January 29, 2010   Stock market investors may want to once again say a silent thank you to Ben Bernanke. As was the case during the credit crisis, it is our humble opinion that things...

Daily State of the Markets Wednesday Morning – January 27, 2010   Good morning. Stocks actually had lots of reason to rally yesterday. Stocks were oversold and due for a bounce, the Bernanke worries were fading, the White House...

Daily State of the Markets Tuesday Morning – January 26, 2010   Good morning. Stocks rallied a bit, albeit a wee bit, on Monday as the prospects for Ben Bernanke’s confirmation appeared to improve by the hour. However, after...

Daily State of the Markets Monday Morning – January 25, 2010   Good morning. Stocks came crashing down for a third straight session on Friday due primarily to concerns over the state of Ben Bernanke’s confirmation vote in the...

Daily State of the Markets Friday Morning – January 22, 2010   Good morning. Stocks were tagged for steep losses on Thursday in response primarily to three factors. While the President’s latest round of bank bashing (there have...