Monday, March 12, 2012 Stock Market Commentary: Stocks were quiet on Monday after China said exports slowed which bodes poorly for the ongoing economic recovery. 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…
Friday, March 09, 2012 Stock Market Commentary: Stocks successfully bounced after testing their multi-month upward trendline for the fourth time since October 2011. 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…
Thursday, March 08, 2012 Stock Market Commentary: Stocks opened higher on Thursday after the ECB and BOE held rates steady and investors were waiting for a deal on the latest Greek debt restructuring. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their…
Wednesday, March 07, 2012 Stock Market Commentary: Stocks bounced on Wednesday after ADP reported a healthy jobs number and buyers showed up to “buy the initial dip” in this 3 month rally. 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…
Tuesday, March 06, 2012 Stock Market Commentary: Stocks were under pressure as several global economic powerhouses reported weaker than expected GDP growth. 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…
Monday, March 05, 2012 Stock Market Commentary: Stocks were under pressure across the globe after China lowered its GDP forecast to 7.5% for 2012. 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…
Friday, March 02, 2012 Stock Market Commentary: It was a busy week on Wall Street as investors digested a slew of data from across the globe and a massive sell-off in gold and silver on the last day of February. From our point of view, the major averages confirmed their latest rally attempt on Tuesday…
Thursday, March 01, 2012 Stock Market Commentary: Investors digested a slew of data from all over the world on the first day of March. 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…
Wednesday, February 29, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied in February which helped Wall Street enjoy another positive month. 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…
Tuesday, February 28, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied after the latest Italian bond yields plunged. 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…