Friday, December 16, 2011 Stock Market Commentary: For the week, most risk assets ended lower after European leaders failed to make any significant headway in their latest meeting. From our point of view, the market is back in a correction as the latest follow-through day (FTD) failed after the benchmark S&P 500 sliced below its 50 DMA line….
Thursday, December 15, 2011 Stock Market Commentary: Risk assets snapped a week long sell off on Thursday after a flurry of stronger-than-expected economic data was released. From our point of view, the market is back in a correction as the latest follow-through day (FTD) failed after the benchmark S&P 500 sliced below its 50 DMA…
Wednesday, December 14, 2011 Stock Market Commentary: Risk assets continued to fall on Wednesday after fear spread that the global economy is slowing and there might be more trouble in Europe. From our point of view, the market is back in a correction as the latest follow-through day (FTD) failed after the benchmark S&P 500…
Tuesday, December 13, 2011 Stock Market Commentary: Risk assets fell on Tuesday after Fed’s last meeting of the year. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the major averages soared over +4% on monstrous volume in response to the global central banks coordinated efforts to flood the…