Wednesday, April 11, 2012 Stock Market Commentary: Stocks and other risk assets bounced back on Wednesday helping alleviate their oversold conditions. Alcoa (AA) officially kicked off earnings season with a bang after they beat already depressed expectations. Over the next few weeks it is paramount that we not only pay attention to the actual numbers…
Tuesday, April 10, 2012 Stock Market Commentary: Stocks and other risk assets fell on Tuesday after equity markets in Europe plunged in heavy volume and the world awaits Q1 earnings season to begin. After Tuesday’s close, Alcoa (AA) officially kicked off earnings season and as always, it will be interesting to see how companies did…
Monday, April 09, 2012 Stock Market Commentary: Stocks and other risk assets fell on Monday in the wake of Friday’s disappointing jobs report and after inflation topped estimates in China. Technically, this long overdue correction is upon us and the key going forward is to measure the health of this pullback. Ideally, one would like…
Thursday, April 05, 2012 Stock Market Commentary: Stocks and other risk assets were relatively quiet on Thursday as the world waited for Friday’s payrolls report to be released and digested the latest no QE3 decline.Technically, it is very encouraging to see U.S. equity markets continue to outperform their peers on a relative basis. For most…