Tuesday, March 13, 2012 Stock Market Commentary: Stocks rallied on Tuesday as investors digested a slew of data from across the globe. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a very…
Monday, March 12, 2012 Stock Market Commentary: Stocks were quiet on Monday after China said exports slowed which bodes poorly for the ongoing economic recovery. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been…
Friday, March 09, 2012 Stock Market Commentary: Stocks successfully bounced after testing their multi-month upward trendline for the fourth time since October 2011. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a…
Thursday, March 08, 2012 Stock Market Commentary: Stocks opened higher on Thursday after the ECB and BOE held rates steady and investors were waiting for a deal on the latest Greek debt restructuring. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their…