STOCK MARKET COMMENTARY: FRIDAY, MAY 17, 2013 Stocks hit another record high last week as this Central Bank driven rally continues apace. We changed the status from rally under pressure to confirmed rally in our Tuesday 4/23/13 mid-week update and noted that the bulls are back in control of this market. So far, every pullback…
Stock Market Commentary: Friday, May 10, 2013 We changed the status from rally under pressure to confirmed rally in our Tuesday 4/23/13 mid-week update and noted that the bulls are back in control of this market. So far, every pullback this year has been very shallow in both size (% decline) and scope (days, not…
Goldman: This rally doesn’t need techs May 9, 2013, 4:48 AM As Wall Street continues to break records, the players have been changing. Value-oriented stocks and defensives had been leaders in the bull market, but recently money has been moving into cyclical stocks — technology, financials and energy. To many, this is a healthy sign for a…
May 8, 2013, 9:46 a.m. EDT U.S. stocks ease after record-setting run By Polya Lesova and Matt Andrejczak, MarketWatchNEW YORK (MarketWatch) — U.S. stocks drifted lower at the open Wednesday as investors took a break after a string of record-setting gains.The Dow Jones Industrial Average (DJI:DJIA) fell 31 points to 15,025 after closing above 15,000 for the first time on…
COMMODITIES-Futures pull back after early rally, await China data Tue May 7, 2013 5:35pm EDT * China April trade data expected on Wednesday * Brent crude closes below $105 after nearing $106 earlier * Copper consolidates early run to 3-week high * Gold down as Australia cuts rates, ECB open to more easing (Updates with…
8 Trading Mistakes You Must Avoid This Week’s Trading Lesson Here is a list of eight mistakes that most of us do as we work our way through the learning process it takes to be a successful stock trader. Avoid these and you will be well on your way. 1. Fail to Limit Losses I…
Stock Market Commentary: Friday, May 3, 2013 We changed the status from rally under pressure to confirmed rally in our Tuesday 4/23/13 update and noted that the bulls are back in control of this market. So far, every pullback this year has been very small in both size (% decline) and scope (days, not weeks)….
Stock Market Commentary: Friday, April 26, 2013 We changed the status from rally under pressure to confirmed rally in our Tuesday 4/23/13 update and noted that the bulls are back in control of this market. So far, every pullback this year has been very small in both size (% decline) and scope (days, not weeks)….
By Polya Lesova and Barbara Kollmeyer, MarketWatch April 26, 2013, 8:59 a.m. EDT NEW YORK (MarketWatch) — U.S. stock futures extended losses on Friday after data showed the American economy expanded at a slower pace in the first quarter than analysts expected. U.S. gross domestic product grew at a 2.5% rate in the first…
(Updated from 3:53 p.m. EDT with more views from analyst) NEW YORK (TheStreet) — Sprint (S) fell in New York as the mobile-phone operator and peer T-Mobile said they must delay the introduction of Samsung’s Galaxy S4 due to inventory challenges at the Korean electronics manufacturer. Samsung in a statement said that “due to overwhelming global demand of Galaxy S4, the initial supply…