STOCK MARKET COMMENTARY: FRIDAY, December 27, 2013 Stocks raced to new highs as the bulls bid prices higher on this shortened holiday week. Starting next month, the Fed will be printing $75B each month instead of $85B, which is still very bullish for stocks. Technically, the action continues to be very bullish as the market…
Friday, March 16, 2012 Stock Market Commentary: Stocks extended their winning streak as the bulls remained in clear control of this market. 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 a very…
Friday, February 03, 2012 Stock Market Commentary: Stocks and a slew of other risk assets were relatively quiet ahead of Friday’s much anticapitated nonfarm payrolls report. 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. It was also encouraging…
Friday, April 1, 2011 Stock Market Commentary: Stocks enjoyed their best quarterly advance since 1999 which bodes well for the current 2-year bull market. It was encouraging to see a slew of leading stocks and the benchmark S&P 500, Dow Jones Industrial Average, Nasdaq composite, and small cap Russell 2000 index all close and stay above…