Daily Market Commentary

Monday, August 8, 2011 Stock Market Commentary: Late Friday night, Standard & Poor’s downgraded the U.S.’ AAA credit rating to AA+ due to the country’s onerous debt levels and poor public policy. Over the weekend, stocks were smacked across the globe as investors shunned “risk assets” and moved into so-called safe havens (i.e. gold and…

Market Outlook- Market In A Correction

The latest action in the major averages suggests the market is back in a correction as all the major averages remain below key technical levels. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.

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Market Outlook- Market In A Correction

The latest action in the major averages suggests the market is back in a correction as all the major averages remain below key technical levels. Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. That said, the recent action suggests caution is paramount at this stage until all the major averages rally back towards their respective 2011 highs. If you are looking for specific help navigating this market, please contact us for more information.

Stock Market Research?

Global Macro Research?

Learn How To Follow Trends?