Tuesday, November 29, 2011 Stock Market Commentary: Risk assets were mixed on Tuesday as the world waited to see if EU leaders could pull another rabbit out of their hat to try and curb their swelling debt crisis. Tuesday marked Day 2 of a new rally attempt which means the earliest a possible follow-through day…
Monday, November 28, 2011 Stock Market Commentary: Risk assets surged across the world as rumor spread that EU officials were working on a new super deal to save the ailing Euro. Monday marked Day 1 of a new rally attempt which means the earliest a possible follow-through day (FTD) could emerge will be Thursday, providing…
Friday, November 25, 2011 Stock Market Commentary: Risk assets fell during the shortened holiday week as the situation in Europe continues to deteriorate and the latest economic data suggests the global economy may be slowing. This was the worst Thanksgiving week for stocks since 1932! For the week, the standout loser was the small-cap Russell 2000…
Wednesday, November 23, 2011 Stock Market Commentary: Risk assets fell on Wednesday ahead of the Thanksgiving Day holiday as fear spread that the global economy will fall into another recession. The market is back in a correction after all the major averages sliced below their respective 50 DMA lines on Monday (11.21.11). It is also…
Tuesday, November 22, 2011 Stock Market Commentary: The market is back in a correction after all the major averages sliced below their respective 50 DMA lines on Monday (11.21.11). A slew of risk assets were smacked after the super-committee failed to curb the $15T deficit and debt woes spread in Europe. It is also disconcerting…
Monday, November 21, 2011 Stock Market Commentary: The market is back in a correction after all the major averages sliced below their respective 50 DMA lines on Monday. A slew of risk assets were smacked after the super-committee failed to curb the $15T deficit and debt woes spread in Europe. It is also disconcerting to…
Friday, November 18, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite are back in negative territory for the year as investors shrugged off a slew of stronger than expected economic data from the U.S. and focused on fresh concerns that Spain may be the next European domino to fall. From our point of…
Thursday, November 17, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite are back in negative territory for the year as investors continue to digest the latest headlines out of Europe and the latest (in most cases, stronger than expected) economic data from the U.S. From our point of view, the current EU bailout…
Wednesday, November 16, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite continue trading between positive and negative territory for the year as investors continue to digest the latest headlines out of Europe and the latest economic data from the U.S. From our point of view, the current EU bailout plan- to use leverage…
Tuesday, November 15, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite continue trading between positive and negative territory for the year as investors continue to fret over the ongoing situation in Europe. From our point of view, the current EU bailout plan- to use leverage & add more debt to a debt crisis- is…