Monday, November 21, 2011 Stock Market Commentary: The market is back in a correction after all the major averages sliced below their respective 50 DMA lines on Monday. A slew of risk assets were smacked after the super-committee failed to curb the $15T deficit and debt woes spread in Europe. It is also disconcerting to…
Friday, November 18, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite are back in negative territory for the year as investors shrugged off a slew of stronger than expected economic data from the U.S. and focused on fresh concerns that Spain may be the next European domino to fall. From our point of…
Thursday, November 17, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite are back in negative territory for the year as investors continue to digest the latest headlines out of Europe and the latest (in most cases, stronger than expected) economic data from the U.S. From our point of view, the current EU bailout…
Wednesday, November 16, 2011 Stock Market Commentary: The S&P 500 and Nasdaq Composite continue trading between positive and negative territory for the year as investors continue to digest the latest headlines out of Europe and the latest economic data from the U.S. From our point of view, the current EU bailout plan- to use leverage…