Tuesday, March 27, 2012 Stock Market Commentary: Stocks and other risk assets were mixed on Tuesday after the latest round of mixed economic data was released. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have…
Monday, March 26, 2012 Stock Market Commentary: Stocks and other risk assets edged higher on Monday after Ben Bernanke spoke before Monday’s open. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a…
Friday, March 23, 2012 Stock Market Commentary: Stocks and other risk assets ended the week mixed as weaker than expected economic data from China and Europe renewed fears of a global slowdown. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a…
Thursday, March 22, 2012 Stock Market Commentary: Stocks and other risk assets fell on Thursday after the latest economic data from China and Europe missed estimates. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a nice pullback to shake out the…