Thursday, December 15, 2011 Stock Market Commentary: Risk assets snapped a week long sell off on Thursday after a flurry of stronger-than-expected economic data was released. From our point of view, the market is back in a correction as the latest follow-through day (FTD) failed after the benchmark S&P 500 sliced below its 50 DMA…
Monday, December 12, 2011 Stock Market Commentary: Risk assets fell hard on Monday after the much anticipated EU summit failed to make any significant headway which raised concerns that several EU states may be downgraded. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the major averages soared over +4% on monstrous…
Friday, December 9, 2011 Stock Market Commentary: For the week, risk assets were mixed as investors digested a slew of data and headlines from across the globe. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011 when all the major averages soared over +4% on monstrous volume in response…
Thursday, December 8, 2011 Stock Market Commentary: Risk assets were fell on Thursday as investors across the globe digested a slew of data, two important central bank meetings, and are still waiting for another much anticipated EU Summit this weekend. From our point of view, the market confirmed its latest rally attempt on Wednesday, November 30, 2011…