STOCK MARKET COMMENTARY: FRIDAY, JANUARY 17, 2013 The S&P 500 ended the week higher and came within a few points of turning positive for the year. The market continues acting very well as it continues consolidating its very strong year-end rally. Remember the bullish fundamental backdrop is still in place for stocks. There bulls are…
STOCK MARKET COMMENTARY: FRIDAY, JANUARY 10, 2013 The S&P 500 ended the week a few points higher as it continues consolidating its very strong year-end rally. The market still looks very strong and a pullback of some sort would be welcomed at some point. Remember the bullish fundamental backdrop is still in place for stocks….
STOCK MARKET COMMENTARY: FRIDAY, January 03, 2013 Stocks negatively reversed (opened higher but closed lower) from fresh record highs on the first two trading days of 2014. The market still looks very strong and a pullback of some sort would be welcomed here. The Fed will now be printing $75B each month instead of $85B,…
STOCK MARKET COMMENTARY: FRIDAY, December 27, 2013 Stocks raced to new highs as the bulls bid prices higher on this shortened holiday week. Starting next month, the Fed will be printing $75B each month instead of $85B, which is still very bullish for stocks. Technically, the action continues to be very bullish as the market…