COMMENTARY
Stocks Vault Higher Lead by the Dow Jones Industrial Average
A European new bailout package, with the purpose of re-capitalizing banks sent the US stock market higher at the end of the day. Unfortunatley, volume on the NYSE was drastically lower. Over on the NASDAQ volume did creep higher, but barely and it was WELL below the...
Commodities Point to a Troubled Economy
Over the past few months we have seen the stock market on the verge of a bear market, a Greek default, and a historic September collpase by the Boston Red Sox. One ominious sign has been the price action going on with commodities. Commodities are the foundation of an...
New Seeking Alpha Article
3 IPOs That Will Rise From The Market's Ashes
Ben Bernanke Fails to Excite the Market as Intense Selling Drops another Day of Distribution
Over the past few trading sessions financial and small cap stocks have been noticeably weak. Heading into the Federal Reserve Announcement MCO came out downgrading a few banks including BAC sending the stocks lower. Volume ran consistently higher throughout the day on...
Late Day Selling Spoils Rally Signals a Day of Distribution
A big black eye of this current uptrend was today’s reversal and closing just off the lows of the session. All was well heading into the afternoon hours as plenty of leading stocks were showing excellent strength. Just as the morning got going news out of China of the...
Despite Euro Troubles, AAPL Shines as Stocks Bounce off Market Lows
More troubling news from the housing market was overrun by continued fears in the European nations. Greece is the cornerstone of the controversy. They need cash badly and their budget efforts continue to fail expectations. European stocks continue to be weak sending...
Stocks Shrug off Jobless Claims and Close Higher
The market followed a similar pattern to Wednesday’s action. A mid-morning drop in equity prices was met by buyers pushing stocks to the highs of the day. There was no late day sell off, but volume dropped off a cliff. Jobless claims jumped higher than expected and...
New Seeking Alpha Article
Four More Gold Stocks With Rock Solid Fundamentals
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...
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