Another Quiet Day On Wall Street

Wednesday, March 28, 2012 Stock Market Commentary: Stocks and other risk assets fell on Wednesday after the latest round of economic data was released. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying […]

Stocks Rally On Healthy Economic Data

Thursday, February 16, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were quiet on Thursday as the latest round of stronger than expected economic data was released. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally […]

Another Quiet Day On Wall Street

It is encouraging to see the bulls show up in November and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly. If you are looking for specific high ranked ideas, please contact us for more information.

S&P 500 Perched Below Resistance

Market Action- Market In Confirmed Rally Week 15

It is encouraging to see the bulls show up and defend the 50 DMA lines for the major averages. The market remains in a confirmed rally until those levels are breached. The tech-heavy Nasdaq composite and small-cap Russell 2000 indexes continue to lead evidenced by their shallow correction and strong recovery. Put simply, stocks are strong. Trade accordingly.