Friday, August 10, 2012 Stock Market Commentary: On average, risk-on assets rallied as hope spread that we will see more easing from global central banks. The latest round of economic and earnings data did little to excite investors as the data continues to be blasé at best. Some market participants are hoping that this lackluster…
Friday, August 03, 2012 Stock Market Commentary: On average, risk-on assets ended mixed to mostly lower last week after global central banks stuck their collective heads in the sand and did virtually nothing to support their strong rhetoric from late July. Earnings continue to be a virtual nonevent as most stocks fail to impress Wall…
Friday, July 27, 2012 Stock Market Commentary: The bulls emerged victorious after a volatile week on Wall Street. The bears sent stocks lower during the first half of the week as EU debt woes flared up and Q3 earnings projections turned negative for the first time since 2009. However, the bulls showed up in the…
Friday, July 20, 2012 Stock Market Commentary: Stocks and a slew of other “risk-on” assets spent most of the week rallying but fell hard on Friday as EU debt woes resurfaced. The market is back in rally-mode which suggests the path of least resistance is higher. The current rally was confirmed on the June 29,…
Friday, July 13, 2012 Stock Market Commentary: Stocks and a slew of other “risk-on” assets spent most of the week in the red before staging a strong rally on Friday to help send them into positive territory. The big catalyst for the week was stronger-than-expected earnings reports from US companies, especially JP Morgan (JPM) and Wells…
Friday, June 22, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets were smacked in the third week of June as the latest economic data reaffirmed the notion that the global economy is slowing and hope for another round of QE to stimulate the economy was temporarily taken off the table. In early May,…
Friday, June 15, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets bounced from deeply oversold levels as hope spread that another round of global monetary easing will curb the economic slowdown across the globe. In early May, all the major averages sliced below their respective 50 DMA lines which prompted us…
Friday, May 4, 2012 Stock Market Commentary: Stocks and a slew of other “risk assets” fell in the first week of May after the latest round of economic and earnings data failed to impress investors and half of Europe has fallen back into a double dip recession. As earnings and economic data continues to be…
Thursday, April 05, 2012 Stock Market Commentary: Stocks and other risk assets were relatively quiet on Thursday as the world waited for Friday’s payrolls report to be released and digested the latest no QE3 decline.Technically, it is very encouraging to see U.S. equity markets continue to outperform their peers on a relative basis. For most…
Tuesday, March 13, 2012 Stock Market Commentary: Stocks rallied on Tuesday as investors digested a slew of data from across the globe. 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…