COMMENTARY

Homebuilders and Financials lead the market higher as traders shake off the impending disaster facing Europe. Buyers stepped up their operations in the early going and continued with them until the one o’clock hour. Heading into the release of the beige book the...

4 Gold Stocks For A Bear Market

The NASDAQ managed to regain its 200 day moving average, but light trade confirms institutions aren’t willing to stick their necks out supporting this market. A positive ISM Non-manufacturing figure gave a bit of a boost to the markets. However, the European close...

Headlines over the weekend were quite dismal stoking the fire further over the European crisis. The market set aside the fear and jumped to the highs of the day right out of the gate. Factory orders were on the light side sending the market lower. From 10 am forward...

End of the month volume poured into the market at the close, but failed to end stocks at the highs of the session. GDP came in line as expected, but at a paltry 1.9% far from where this economy needs to be at for a sustainable recovery. Sellers had dominated majority...

It is beginning to appear the European Union is on the verge of breaking up. The dollar continued its upward movement as the EURO continues to fall. Volume rose on the day, but wasn’t overly impressive given the losses on the day. Gold reversed on the day after...

Coming off a long weekend stocks jumped early and pushed higher throughout the morning. When Europe closed sellers took to the market sending stocks to new lows. Of course the movement was blamed on the union across the pond and will continue to be the excuse. The...

Sometimes Defense is the Best Offense