Friday, January 25, 2013 Stock Market Commentary: First, let me begin by restating my thesis since November 16, 2012 – Stocks are strong. The next point that needs to be addressed is that stocks are very extended in the short term and a light volume pullback would do wonders to restore the health of this…
Friday, January 18, 2013 Stock Market Commentary: Stocks are back in a confirmed uptrend and continue to rally after the fiscal cliff was averted and congress decided to put the best interest of the country ahead of their petty bickering. Stocks remain perched near resistance (2012 highs) and the action is very healthy. Looking forward,…
Correction: Our Market Commentary was published prematurely on Thursday. Please disregard it. Sorry For the confusion. Friday, January 11, 2012 Stock Market Commentary: Stocks are back in a confirmed uptrend and continue to rally after the fiscal cliff was averted and congress decided to put the best interest of the country ahead of their petty bickering. Stocks…
Friday, January 04, 2012 Stock Market Commentary: Stocks are back in a confirmed uptrend after congress finally managed to put the best interest of the country ahead of their petty bickering. Stocks soared and closed above all near term levels of resistance that have been outlined here several times in this report (50 DMA line,…