March Madness In The Market
What’s that old saying? March in like a lion and out like a lamb? Well, doesn’t matter since I believe that saying referenced the weather. However, the markets sure did…
Let’s Get Ready To Rumble!
Two days into the new week and the bulls and bears have taken the gloves off. Monday saw the major indices print new multi-year lows on decent volume. The bears…
Bifurcated Market
The market is showing its big ugly bifurcated head today as we saw a sustained sell-off yesterday greeted by a sustained buy-in today. Just what the confused investor needs, more…
Earnings Season Is Here!
Earnings season has officially kicked off with Alcoa ($AA) reporting their earnings after the close today. Some analysts weren’t very optimistic as a downgrade was handed out before the markets…
Uneasy Market Conditions
Wal-Mart ($WMT) put a little fear in the futures pre-market this morning ahead of the weekly jobless claims. Same store sales for Wal-Mart rose 1.7% for December while analysts were…
A Bit Toppy?
The markets gave back quite a bit of their recent gains today as the ADP jobs data indicated that perhaps we will hit 8% unemployment. We also had bad news…
Indecision, Part II
The FOMC meeting minutes were released this afternoon and it shows no sign of an improving economy any time soon. With the Fed rate at historic lows “at or near…
Indecision 2009
The official first day of 2009 with full market participation shows indecision as a doji formed on ok volume. No real economic events occurred today and not much in the…
2008 Is In The Books!
2008 will no doubt be an indelible image burned in the brains of many, both in and out of the market. The Dow Jones Industrial Average lost 35% this year,…
Off To A Slow Start
There just isn’t much to report other than the markets were thinly traded today and we will probably get more of the same tomorrow. The markets are closed on Wednesday,…