Thursday, January 26, 2012 Stock Market Commentary: Stocks and a slew of other risk assets opened higher after the U.S. Federal Reserve made it clear that they are going to keep rates near zero until 2014. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day…
Wednesday, January 25, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied after President Obama’s State of the Union Address Tuesday night, a slew of corporate earnings were announced, and the results of the latest Fed meeting. From our point of view, the major averages confirmed their latest rally attempt on…
Tuesday, January 24, 2012 Stock Market Commentary: Stocks and a slew of other risk assets fell after the latest deal to save Greece fell apart. 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. It was also encouraging to…
Monday, January 23, 2012 Stock Market Commentary: Stocks and a slew of other risk assets opened higher after a strong start to 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. It was also encouraging to see the…
Friday, January 20, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied for the third consecutive week and are on track to end higher for the 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…
Thursday, January 19, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied on Thursday, led higher but stronger than expected economic and earnings data. 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. It was…
Wednesday, January 18, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were relatively quiet on Wednesday after IMF was rumored to be working on a plan to bailout the euro and the U.S. producer price index (PPI) did not indicate inflation was a threat at this point. From our point of…
Tuesday, January 17, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rose on Tuesday as traders returned from a long holiday weekend in the U.S. 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. It…
Friday, January 13, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended the week higher shrugging off France’s downgrade (which made lose its AAA rating) and investors digested a slew economic and earnings data. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which…
Thursday, January 12, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were mixed on Thursday after the Bank of England and European Central Banks (ECB) both held rates steady at their latest meeting. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was…