Friday, March 08, 2013 Stock Market Commentary: The riskon trade is alive and well as the major averages continues racing higher. The last pullback was shallow in size and scope. The S&P 500 pulled back 2.9% after the minutes from the Fed’s last meeting hinted that QE might end sooner than originally expected. The pullback lasted less…
Friday, March 01, 2013 Stock Market Commentary: Stocks ended February higher and enjoyed their 8th positive month in the past 9. For the week, stocks ended mixed to higher as the bulls fight to stay in control of this market. On Wednesday, February 20, 2013 we published a note saying, “Time For A Pullback” after…
Friday, February 22, 2013 Stock Market Commentary: Finally, after 8-strong positive weeks for the S&P 500 we began to see signs of distribution, especially in overseas markets. As you know by now, from my point of view, the primary two catalysts that sent stocks higher in recent months are: The Global Stability Put (GSP, the latest buzz word…
Friday February 15, 2013 Stock Market Commentary: The major averages are strong and the fact that they simply refuse to pullback illustrates their strength. From my point of view, the primary two catalysts that sent stocks higher in recent months are: The Global Stability Put (GSP, the latest buzz word from Davos) and an improving…