Friday, February 24, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended higher during this shortened holiday week as investors digested a second Greek bailout and a slew of stronger than expected economic and earnings data from the U.S. From our point of view, the major averages confirmed their latest rally…
Thursday, February 23, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were mixed on Thursday after fear spread that European economies were headed for a double dip recession and stagflation. The primary catalysts for the risk on trade was the ECB relief long term loan package in December 2011 and the…
Wednesday, February 22, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were flat to relatively lower on Wednesday after the enthusiasm wore off regarding the second bailout for Greece and China’s manufacturing sector contracted for the fourth consecutive month. The primary catalysts for the risk on trade was the ECB relief long term…
Tuesday, February 21, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied on Monday and Tuesday after Greece finally agreed to the onerous terms of their latest bailout package. The primary catalyst for the risk on trade was continued strength from the U.S. (and by extension global) economy in recent weeks….