Traders celebrated when May ended and were optimistic that June would be much better. Did you realize that during the whole month of May we did not see back-to-back positive days for the S&P 500 Index? Last...
Read MoreThe allure of big profits has dictated the style of trading since the millennia. Whether it is the casino, the racetrack, the bingo hall, or the stock market, we all are compelled in one way or the other to seek profits. As much...
Read MoreIs the market back? It certainly made a statement today as it regained the losses it incurred late in yesterday’s session. Surprisingly it was he beaten-down energy sector that lead the charge, thanks in part...
Read MoreNeedless to say, over the last fifteen years we have seen market movements that have been quite volatile. Events such as Long-Term Capital Management, the Asian Crisis, dot.com bubble, mortgage bubble, and the European crisis...
Read MoreFinally the month of May has come to an end. There really isn’t too many good things to say about May as we witnessed an unprecedented flash crash, still to be explained, and several rallies and sell-offs in excess...
Read MoreMarket psychology is an interesting thing. If you spend any time in the markets you will gravitate towards the opinions of others. Whether it be the talking heads on CNBC, the Wall Street Journal, or in any other form we are...
Read MoreThe wild roller-coaster ride continued as the Dow opened higher but by the end of the session had given away all of its early gains and closed lower. Early the market enjoyed a double dose of upbeat economic data from the...
Read MoreUSDCAD – While our overall outlook nearer term on USDCAD remains higher, a failure to sustain most of its intra day gains after turning sharply off the 1.0851 level has signaled a loss of upside momentum. With that said,...
Read MoreWhen analysts talk about the contagion effect that can be spread through Europe and the rest of the world, what do they mean? How can a little economy like Greece send the worlds markets into a tailspin and stunt growth on a...
Read MoreNot only did the Dow lose 4% last week, it dipped below the psychologically important 10,000 level on an intraday basis on Friday. The Dow is now about 9% below its 2010 high, which was set in late April. Also the VIX is now...
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