Thursday, December 8, 2011 Stock Market Commentary: Risk assets were fell on Thursday as investors across the globe digested a slew of data, two important central bank meetings, and are still waiting for another much anticipated EU Summit this weekend. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011…
Wednesday, December 7, 2011 Stock Market Commentary: Risk assets were mixed on Wednesday as the world waited to see the results of Thursday’s ECB/BOE meetings and then what will happen this weekend from another much anticipated EU Summit. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all…
Tuesday, December 6, 2011 Stock Market Commentary: Risk assets were mixed on Monday as optimism spread regarding the European debt crisis. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the major averages soared over +4% on monstrous volume in response to the global central banks coordinated efforts to…
Monday, December 5, 2011 Stock Market Commentary: Risk assets were mixed on Monday as optimism spread regarding the European debt crisis. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the major averages soared over +4% on monstrous volume in response to the global central banks coordinated efforts to…
Friday, December 2, 2011 Stock Market Commentary: Risk assets surged during the first week of December as fear of a EU collapse eased and several Central Banks across the globe flooded the system with liquidity. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the…
Thursday, December 1, 2011 Stock Market Commentary: Risk assets ended mixed on Thursday after China ‘s factor sector fell in November for the first time in nearly 3 years and investors digested mixed economic data from the U.S. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011…
Wednesday, November 30, 2011 Stock Market Commentary: Risk assets surged across the globe after several central banks across the world flooded the system with liqudiity to help stimulate the global economy. There have been a few isolated instances in history where a new follow-through day (FTD) emerges on Day 3. Since Wednesday marked Day 3…
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…
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…