Wednesday, March 21, 2012 Stock Market Commentary: Stocks and other risk assets were bid up late Tuesday after Bernanke said he would take additional steps if another shock hit the global economy. As we have been mentioning for weeks, the market is extended to the upside and we would not be surprised to see a…
Tuesday, March 20, 2012 Stock Market Commentary: Finally, stocks and other risk assets fell as fear spread that China’s red-hot economy would begin to slow. 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 weak/late…
Monday, March 17, 2012 Stock Market Commentary: Stocks extended their winning streak as the bulls remained in clear control of this market. 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 very…
Friday, March 16, 2012 Stock Market Commentary: Stocks extended their winning streak as the bulls remained in clear control of this market. 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 very…