Wednesday, March 07, 2012 Stock Market Commentary: Stocks bounced on Wednesday after ADP reported a healthy jobs number and buyers showed up to “buy the initial dip” in this 3 month rally. 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…
Tuesday, March 06, 2012 Stock Market Commentary: Stocks were under pressure as several global economic powerhouses reported weaker than expected GDP growth. 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 05, 2012 Stock Market Commentary: Stocks were under pressure across the globe after China lowered its GDP forecast to 7.5% for 2012. 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…
Friday, March 02, 2012 Stock Market Commentary: It was a busy week on Wall Street as investors digested a slew of data from across the globe and a massive sell-off in gold and silver on the last day of February. From our point of view, the major averages confirmed their latest rally attempt on Tuesday…