Central Banks Continue To Flood The System With Liquidity

Stock Market Commentary: Friday, May 3, 2013 We changed the status from rally under pressure to confirmed rally in our Tuesday 4/23/13 update and noted that the bulls are back in control of this market. So far, every pullback this year has been very small in both size (% decline) and scope (days, not weeks)….

Worst Week of The Year; SP500 Tests 50 DMA Line

Friday, April 19, 2013 Stock Market Commentary The market rally is under pressure as we are beginning to see elevated levels of distribution across the board.  We are also entering the “Sell in May” time-frame which has worked almost perfectly over the past three years. Since 2010, the DJIA has fallen 800 points in the latter of…