Future of the Fed
Assessing the economic slowdown, with Frederic Mishkin, Columbia University professor and former Federal Reserve Board governor and Mark Olson, former Federal Reserve Board governor.
Economic Data Tops Estimates; Stocks Rally
At this point, the Dow Jones Industrial Average, S&P 500, and the NYSE composite have all traded above resistance (their long term 200 DMA lines and recent chart highs) which leaves the tech-heavy Nasdaq composite and small-cap Russell 2000 slightly below their recent chart highs. However, the fact that all the major averages are still above their respective 2-month downward trendlines bodes well for this five week rally. In order for a new leg higher to begin, all the major averages must close and remain above their respective resistance levels. Remember that the window remains open for for high-ranked stocks to be accumulated when they trigger fresh technical buy signals. Trade accordingly.
Deflation Fears Escalate
Why deflation could be a good thing for Americans, with Jim Rickards, Market Intelligence.
Blackrock's Doll: Abating Market Ambiguities
Blackrock’s Doll: Abating Market Ambiguities. Insight on where the markets are headed, with Robert Doll, BlackRock vice chairman.
Geithner on FinReg
Treasury Secretary Geithner is set to give an important speech later this afternoon on the next steps for financial reform, with CNBC’s Steve Liesman
Week in Review: Stocks End Flat After Hitting Resistance
Friday, July 30, 2010 Stock Market Commentary: For the week, the major averages ended mixed to slightly lower as investors digested a slew of economic and earnings data. On Friday, volume, an important indicator of institutional sponsorship, was lower than Thursday’s session on both major exchanges. Advancers led decliners by a 22-to-15 ratio on the NYSE and by…
The Great Housing Recovery
Updating his bet on the housing recovery, with Jason Benderly, Benderly Economics.
GDP: Glass Half Full or Empty?
GDP: Glass Half Full or Empty?
Fed's Bullard: Risk of Deflation?
Risk of Deflation? Discussing the risk of deflation, with James Bullard, St. Louis Federal Reserve
Stocks Negatively Reverse From Resistance
Thursday, July 29, 2010 Stock Market Commentary: The major averages negatively reversed after encountering resistance near their prior chart highs. Volume, an important indicator of institutional sponsorship, was higher than Wednesday’s session which marked a distribution day for the NYSE and the Nasdaq exchange. Advancers led decliners by a 20-to-17 ratio on the NYSE and were about even on…