Friday, June 15, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets bounced from deeply oversold levels as hope spread that another round of global monetary easing will curb the economic slowdown across the globe. In early May, all the major averages sliced below their respective 50 DMA lines which prompted us…
Friday, June 8, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets bounced from deeply oversold levels as hope spread that another round of global monetary easing will curb the economic slowdown across the globe. In early May, all the major averages sliced below their respective 50 DMA lines which prompted us…
Friday, June 1, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets were smacked last week as the latest round of data confirmed our longstanding thesis that the global economy is “slowing, not growing. From a technical standpoint, the action is weak and continues to get “weaker.” In early May, all the…
Friday, May 25, 2012 Stock Market Commentary: Stocks and a slew of other “risk assets” ended mixed to mostly lower last week as the euro dragged risk assets lower as it continued to fall to a fresh multi-year low. From a technical standpoint, the action is weak and continues to get “weaker.” In early May,…