Yellen’s Rookie Hour
Did the FOMC meeting and monetary policy halt the rally? It certainly seemed so, and the fact that we are staying the course didn’t sit well with the market. The market reaction clearly showed how...
View ArticleJob Growth?
It’s the last day of a volatile and uncertain quarter. The market has done a fantastic job bucking the bad news, weak economic data, taper, and Russian politics; however, it has also not broken out of...
View ArticleEconomic Spin Zone
Have we put a new support level in here or is this just a fake out and retracement? While that is certainly a valid question, the answer really depends on which index you are monitoring. The Russell...
View ArticleDon’t Drink the Kool-Aid
Dow Jones fell over 100 points yesterday and tested that critical support, only to bounce the next day and move right back into this range bound market’s sweet spot. Focus has recently shifted to the...
View ArticleGlobal Volatility
It looks like we may be in for not a quite summer after-all. Oil prices on the rise as violence increases in Iraq, the IMF is warning about the rise in prices in the global housing market, more...
View ArticleEarnings: GM and Ford
I believe, despite some big earnings names, the week will remain in a low volatile range, barring any geopolitical explosions. The market seems poised to go higher, but the confidence boost will not...
View ArticleWalmart Earnings
The market seems to have found the support area and seems to be getting a decent bounce if we look at the Dow Jones, S&P 500, and the NDX. However, when we look at the Russell index it seems to...
View ArticleJob Landscape
The market is struggling to move higher at these levels. The bounce off the lows was strong and solid, but to continue to fuel such a powerful rally needs more than just confidence, it needs capital....
View ArticleHawkish or Dovish?
Was the FOMC statement Hawkish or Dovish? I think the market is as puzzled as some economists, even CNBC economics reporter Steve Liesman (Keynesian) was puzzled. The market reaction was muted for the...
View ArticleJobs Report and the Fed
The markets have moved back down close to those recent support levels. Earnings have been driving more concern into the market as well. This week we have seen the media giants pummeled, Disney alone...
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