The message by the close of the US Markets this Friday afternoon was "Never Mind". Forget the easy money policies of the Fed, forget Obama-care, and say hello to debt ceiling issues once again. Say hello to dysfunctional Capitol Hill, …
Not to be outdone by Robert Stanfield a candidate for Prime Minister of Canada (back In 1974) who famously publicly fumbled a football while demonstrating his athletic prowess resulting in his losing the election, our Secretary of State, John Kerry …
On Friday, the market opened better reacting to a lower unemployment number which dropped to 7.3 from 7.4.
However, a most sobering fact is that we also registered the lowest percentage of adults actually working since 1978. This reduced fears …
Over the last three weeks this column has suggested that…
First, in early August, the high level of new 52-week lows was an ominous sign, and a continuation of the uptrend in the VIX would confirm that future weakness should …
On Friday, Microsoft announced that Steve Balmer would retire in the next 12 months, and the market reacted joyously.
Luckily for Steve Balmer, he’s got pretty thick skin, so he’s probably not losing any sleep over the fact that the …
Was last week’s gap lower just the beginning?
Last week, good news in the labor market was bad news for stocks, and…
bad earnings reports (i.e. CSCO, CREE, and WMT) was also news for stocks.
So if traders have now …
It’s hard to doubt the resolve of bulls in this market. Based on the VIX, most traders agree – why fight it? But don’t be lulled into complacency, and keep your eye on the semi-conductor ETF (SMH). All of this …
Whether organizers were inspired by the current great Bull Run on Wall Street or the traditional ritual hosted in Pamplona Spain is unknown. What is clear is that entrepreneurs here in the US are unleashing their own version of "Running …
Former head of the International Monetary Fund and French presidential hopeful, Dominique Strauss-Kahn, was charged with "aggravated pimping" this week in yet another sex scandal for this once all powerful French finance minister. Rumors are that his lawyers are building …
The S&P 500 closed on new highs Friday, just missing making new intraday highs. More importantly, the Russell 2000 continues to rip, clearly a big positive when small to mid-caps lead. Several NASDAQ-tech stocks like Google fell from grace putting …
