Friday, September 05, 2012 Stock Market Commentary: The major averages soared to fresh multi-year highs after the ECB announced a new bond buying program to help lower yields on troubled EU countries. From its summer low of 1266 the benchmark S&P 500 index has jumped a very impressive 13%. After such a strong move, it…
Friday, August 31, 2012 Stock Market Commentary: The benchmark S&P 500 index and Dow Jones Industrial average remain perched just below their recent 52-week highs as they pause to consolidate their recent two month rally. At this point, this appears to be a normal correction however, if the selling intensifies one should quickly adjust your…
Friday, August 24, 2012 Stock Market Commentary: The benchmark S&P 500 index and Dow Jones Industrial average snapped a 6-week rally after encountering resistance near their 2012 highs. The underlying notion that has helped stocks rally has been further easing from global central banks. Some market participants are hoping that the tepid economic and earnings…
Friday, August 17, 2012 Stock Market Commentary: The benchmark S&P 500 index has rallied in 9 of the past 11 weeks which shows how strong this market actually is. The underlying notion that has helped stocks rally has been further easing from global central banks. Some market participants are hoping that the tepid economic and…