Monday, March 26, 2012 Stock Market Commentary: Stocks and other risk assets edged higher on Monday after Ben Bernanke spoke before Monday’s open. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a…
Friday, March 23, 2012 Stock Market Commentary: Stocks and other risk assets ended the week mixed as weaker than expected economic data from China and Europe renewed fears of a global slowdown. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a…
Stocks Make It 3 ‘Down’ Sessions By MATT JARZEMSKY Stocks fell for a third straight day following weak economic signals from the euro zone and fresh concerns from China about slowing global growth. Major benchmarks extended their retreat from recent multiyear highs. The Dow Jones Industrial Average declined 78.48 points, or 0.6%, to finish at 13046.14….
Thursday, March 22, 2012 Stock Market Commentary: Stocks and other risk assets fell on Thursday after the latest economic data from China and Europe missed estimates. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a nice pullback to shake out the…
Wednesday, March 21, 2012 Stock Market Commentary: Stocks and other risk assets were bid up late Tuesday after Bernanke said he would take additional steps if another shock hit the global economy. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a…
Tuesday, March 20, 2012 Stock Market Commentary: Finally, stocks and other risk assets fell as fear spread that China’s red-hot economy would begin to slow. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a nice pullback to shake out the weak/late…
By Frank Tang and Amanda Cooper NEW YORK/LONDON (Reuters) – Gold rose on Monday after a steep drop last week, with some investors encouraged by signs that central banks have been buying the precious metal on dips, but technical factors suggested prices could fall further. Bullion followed gains in U.S. equities, a stronger euro and higher investor appetite…
Monday, March 17, 2012 Stock Market Commentary: Stocks extended their winning streak as the bulls remained in clear control of this market. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a very…
Friday, March 16, 2012 Stock Market Commentary: Stocks extended their winning streak as the bulls remained in clear control of this market. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a very…
Thursday, March 15, 2012 Stock Market Commentary: Investors digested a slew of data on Thursday led by the explosive post Stress-test results from the country’s largest banks. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks…