STOCK MARKET COMMENTARY: FRIDAY, OCTOBER 25, 2013 Stocks rallied for the third straight week as the bulls remain in control of this market. In the short-term the market is getting extended and a light volume pullback would do wonders to restore the health of this rally. As we have mentioned several times this year, we…
STOCK MARKET COMMENTARY: Friday, October 18, 2013 The market positively reversed for the second straight week (opened lower and closed higher) after the geniuses in D.C. agreed to a last minute deal to kick the can down the road a few more months. As we have mentioned several times this year, we are in a…
STOCK MARKET COMMENTARY: Friday, October 12, 2013 The market positively reversed last week (opened lower and closed higher) after investors believed that a deal would get done in DC. So far this appears to be just another shallow pullback in size (% decline) and scope (weeks, not months). The primary catalyst behind this 4.5 year…
STOCK MARKET COMMENTARY: FRIDAY, October 04, 2013 The market fell last week but closed in the upper half of its range after the US government shutdown for the first time since 1996! The S&P 500 is fighting to stay above its respective 50 dma line but the DJIA broke below it. The Nasdaq Composite and…