Friday, August 24, 2012 Stock Market Commentary: The benchmark S&P 500 index and Dow Jones Industrial average snapped a 6-week rally after encountering resistance near their 2012 highs. The underlying notion that has helped stocks rally has been further easing from global central banks. Some market participants are hoping that the tepid economic and earnings…
Friday, August 17, 2012 Stock Market Commentary: The benchmark S&P 500 index has rallied in 9 of the past 11 weeks which shows how strong this market actually is. The underlying notion that has helped stocks rally has been further easing from global central banks. Some market participants are hoping that the tepid economic and…
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…