STOCK MARKET COMMENTARY: FRIDAY, August 02, 2013 The major averages surged into fresh new high ground after last week’s Fed meeting. Additionally, it was encouraging to see them break out of small handle patterns on daily chart. This action is healthy and bodes well for the ongoing and very strong Fed induced rally. It is…
STOCK MARKET COMMENTARY: FRIDAY, JULY 26, 2013 The major averages continue acting very well as they paused last week to digest their four week and very strong rally. It is healthy to see the major averages remain perched near their highs as investors await a slew of data next week (GDP, Fed Meeting, Jobs Report,…
STOCK MARKET COMMENTARY: FRIDAY, JULY 19, 2013 The major averages rallied for a fourth straight week helping nearly all the popular indices hit new all-time highs. Meanwhile, the tech-heavy Nasdaq hit a 13-year high. The strong bull market that we are experiencing continues to be driven by easy money policies from global central banks. After…
STOCK MARKET COMMENTARY: FRIDAY, JULY 12, 2013 The major averages rallied for a third straight week helping small-cap Russell 2000 hit a new all-time high and the DJIA & SPX enjoy new record high closes. The strong bull market that we are experiencing continues to be driven by easy money policies from global central banks….