COMMENTARY

Germany and France Calm Greek Fears Stocks Respond

It is clear as day the NASDAQ Composite index is the leading index of this market. Technology stocks have been big winners since the August decline. About mid-morning rumors were swirling the Austrian Government voted no on a bailout package for Greece. Sellers, or...

Stocks Enjoy another Day of Wild Swings, but End Higher

Just another day on Wall Street as volatility reigns supreme as the European issues continue to be front and center. Evidently the BRICs are now entering the fold as one to help out the troubled banks in European, but it won’t ultimately slow down the freight train of...

Chinese Save the Day; Stocks Close Higher as Volume Lags

Coming into the week more concerns over a Greek default piled onto an already unstable market. Fear has gripped this market and it doesn’t surprise us. Monday’s trading session was filled with wild swings that would make most violently ill. Day traders delight...

Stocks Rebound Despite European Jitters

European stocks on Labor Day took on massive losses on Monday while the US was enjoying the day off. US Equity futures weren’t enjoying much of anything indicating a sharply lower open for US stocks. The only piece of economic data on the horizon was the ISM Non-Mfg...

Resistance Proves too Much Stocks End Lower

Another shot at the 2600 level for the NASDAQ was denied even after a better than expected ISM Manufacturing figure. The market was expecting a contraction, but the index was able to hold on and show a little expansion. Bulls took over, but for only for a brief moment...

August Closes a Volitile Month with a Fizzle

Looking back at the month we were witnessed to a wild and crazy trading. The S&P 500 was down more than 5% for the month while the Russell 2000 index was down more than 8%. All the while S&P downgraded the United States Issuer rating from AAA to AA+. Today’s action...

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