Stocks Quiet Ahead of GDP & House Vote!

ByAdam Sarhan

Market Outlook- Rally Under Pressure

The latest action in the major averages suggests the current rally is under pressure. 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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Stocks Smacked on Sour Debt, Economic, & Earnings Data

ByAdam Sarhan

Wednesday, July 27, 2011 Stock Market Commentary: Stocks were smacked on Wednesday after durable goods and the Fed’s beige book failed to impress, the debt stalemate in D.C. continued, and the latest round of earnings data was not thrilling. It is a bit worrisome to see the Nasdaq 100 negate its latest breakout and pull back…

Debt Deadline; To Be, Or Not To Be?

ByAdam Sarhan

Market Outlook- Confirmed Rally

The last week of June’s strong action suggests the market is back in a confirmed rally. As 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 the rally is back in a confirmed rally as all the major averages are now flirting with fresh 2011 highs. Until all the major averages violate their respective 50 DMA lines on a closing basis, the market deserves the bullish benefit of the doubt. If you are looking for specific help navigating this market, please contact us for more information.

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