Friday, February 01, 2013 Stock Market Commentary: The major averages are strong and the fact that they simply refuse to pullback illustrates how strong the bulls are right now. From my point of view, the primary two catalysts that sent stocks higher in recent months are: The Global Stability Put (GSP, the latest buzz word…
Jan. 28, 2013, 8:58 a.m. EST Stock futures rise on durable goods, Caterpillar Fed meets this week; Apple cut to neutral at Baird By Kate Gibson and William L. Watts, MarketWatch NEW YORK (MarketWatch) — U.S. stock futures gained Monday after equipment-maker Caterpillar Inc. reported a better-than-expected quarterly profit and orders for durable goods jumped in December. Caterpillar (NYSE:CAT) shares…
Friday, January 25, 2013 Stock Market Commentary: First, let me begin by restating my thesis since November 16, 2012 – Stocks are strong. The next point that needs to be addressed is that stocks are very extended in the short term and a light volume pullback would do wonders to restore the health of this…
Thu Jan 24, 2013 3:03pm EST * Failure to break 50-day MA dents gold investors’ confidence * Futures volume high, partly boosted be Feb-April rollover * HSBC shifts allocation out of gold * Coming up: U.S. December new home sales Friday By Frank Tang NEW…
January 23, 2013, 8:00 AM By Shawn Langlois Good morning. The market is eerily breezing into uncharted territory on several fronts. In fact, we haven’t had this strong a start to a new year on the S&P 500 since… wait for it… 2012! Still, price levels are, indeed, pushing limits, with more stocks taking out annual…
January 23, 2013, 6:37 AM The debt-ceiling issue is set to rear its ugly head again on Wednesday. At around 12 or 1 pm Eastern time, the House of Representatives will vote on extending that ceiling until May. The goal is to calm markets and buy time to come up with a longer-term extension. The general view…
Published: Tuesday, 15 Jan 2013 | 12:53 AM ET By: Marcy Nicholson and Sarah McFarlane * Europe 4th-quarter cocoa grind down 6.2 pct * Sugar dealers wary of potential short covering rally * COMING UP: N. American Q4 2012 cocoa grind data Thursday (New throughout, updates prices; adds analyst comment, second byline/dateline) NEW YORK/LONDON, Jan…
By Ryan Vlastelica NEW YORK | Tue Jan 22, 2013 8:17am EST (Reuters) – Stock index futures were flat on Tuesday as investors held back from making large bets ahead of an onslaught of corporate earnings and after recently notching five-year highs. Both the Dow and S&P 500 closed at their highest levels the earnings season. U.S. markets were closed on…
Friday, January 18, 2013 Stock Market Commentary: Stocks are back in a confirmed uptrend and continue to rally after the fiscal cliff was averted and congress decided to put the best interest of the country ahead of their petty bickering. Stocks remain perched near resistance (2012 highs) and the action is very healthy. Looking forward,…
Correction: Our Market Commentary was published prematurely on Thursday. Please disregard it. Sorry For the confusion. Friday, January 11, 2012 Stock Market Commentary: Stocks are back in a confirmed uptrend and continue to rally after the fiscal cliff was averted and congress decided to put the best interest of the country ahead of their petty bickering. Stocks…