Tuesday, February 28, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied after the latest Italian bond yields plunged. 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…
Monday, February 27, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended mixed after the G-20 concluded said that European countries should sort their finances out on their own. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their…
Friday, February 24, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended higher during this shortened holiday week as investors digested a second Greek bailout and a slew of stronger than expected economic and earnings data from the U.S. From our point of view, the major averages confirmed their latest rally…
Thursday, February 23, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were mixed on Thursday after fear spread that European economies were headed for a double dip recession and stagflation. The primary catalysts for the risk on trade was the ECB relief long term loan package in December 2011 and the…