Daily Market Commentary

  • Major Head & Shoulders Top Has Formed!

    Market Outlook- Market In A Correction
    The latest action in the major averages suggests the market is back in a correction as all the major averages remain below key technical levels. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.
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  • Day 1 Of A New Rally Attempt & Stocks Positively Reverse!

    Market Outlook- Market In A Correction
    The latest action in the major averages suggests the market is back in a correction as all the major averages are flirting with their respective 200 DMA lines. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.
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  • Selling Continues On Wall St- 200 DMA Line Smacked

    Market Outlook- Market In A Correction
    The latest action in the major averages suggests the market is back in a correction as all the major averages are flirting with their respective 200 DMA lines. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.
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  • 200 DMA Line Is Under Attack!

    Market Outlook- Market In A Correction
    The latest action in the major averages suggests the market is back in a correction as all the major averages are flirting with their respective 200 DMA lines. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.
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  • Stocks Smacked As Debt Debate Continues

    Market Outlook- Market In A Correction
    The latest action in the major averages suggests the market is back in a correction as all the major averages are flirting with their respective 200 DMA lines. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.
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  • Stocks Quiet Ahead of GDP & House Vote!

    Market Outlook- Rally Under Pressure
    The latest action in the major averages suggests the current rally is under pressure. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.
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  • Stocks Smacked on Sour Debt, Economic, & Earnings Data

    Wednesday, July 27, 2011 Stock Market Commentary: Stocks were smacked on Wednesday after durable goods and the Fed’s beige book failed to impress, the debt stalemate in D.C. continued, and the latest round of earnings data was not thrilling. It is a bit worrisome to see the Nasdaq 100 negate its latest breakout and pull back…

  • Debt Deadline; To Be, Or Not To Be?

    Market Outlook- Confirmed Rally
    The last week of June’s strong action suggests the market is back in a confirmed rally. As our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests the rally is back in a confirmed rally as all the major averages are now flirting with fresh 2011 highs. Until all the major averages violate their respective 50 DMA lines on a closing basis, the market deserves the bullish benefit of the doubt. If you are looking for specific help navigating this market, please contact us for more information.
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  • Nasdaq 100 Surges To A Fresh 2011 High!

    Market Outlook- Confirmed Rally
    The last week of June’s strong action suggests the market is back in a confirmed rally. As our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests the rally is back in a confirmed rally as all the major averages are now flirting with fresh 2011 highs. Until all the major averages violate their respective 50 DMA lines on a closing basis, the market deserves the bullish benefit of the doubt. If you are looking for specific help navigating this market, please contact us for more information.
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