Friday, July 27, 2012 Stock Market Commentary: The bulls emerged victorious after a volatile week on Wall Street. The bears sent stocks lower during the first half of the week as EU debt woes flared up and Q3 earnings projections turned negative for the first time since 2009. However, the bulls showed up in the…
Friday, July 20, 2012 Stock Market Commentary: Stocks and a slew of other “risk-on” assets spent most of the week rallying but fell hard on Friday as EU debt woes resurfaced. The market is back in rally-mode which suggests the path of least resistance is higher. The current rally was confirmed on the June 29,…
Friday, July 13, 2012 Stock Market Commentary: Stocks and a slew of other “risk-on” assets spent most of the week in the red before staging a strong rally on Friday to help send them into positive territory. The big catalyst for the week was stronger-than-expected earnings reports from US companies, especially JP Morgan (JPM) and Wells…
Friday, July 06, 2012 Stock Market Commentary: Stocks and a slew of other “risk-on” assets ended mostly lower on a shortened holiday week as investors digested a slew of economic data from across the globe. In the short-term, the current rally is under pressure for US equities which began on Friday, June 29, 2012 (in…