Friday, February 08, 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 a stronger…
Friday, February 01, 2013 Stock Market Commentary: The major averages are strong and the fact that they simply refuse to pullback illustrates how strong the bulls are right 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, January 25, 2013 Stock Market Commentary: First, let me begin by restating my thesis since November 16, 2012 – Stocks are strong. The next point that needs to be addressed is that stocks are very extended in the short term and a light volume pullback would do wonders to restore the health of this…
Friday, January 18, 2013 Stock Market Commentary: Stocks are back in a confirmed uptrend and continue to rally after the fiscal cliff was averted and congress decided to put the best interest of the country ahead of their petty bickering. Stocks remain perched near resistance (2012 highs) and the action is very healthy. Looking forward,…