Do I think that the good news from our manufacturing sector expanding had anything to do with today's rally in the last 30 minutes? No. But, I would like to point out a couple of tidbits I tweeted today. One …
Two bits of good news, the ISM, Economic activity in the manufacturing sector expanded in September for the 26th consecutive month, and the overall economy grew for the 28th consecutive month. The PMI registered 51.6 percent, an increase of 1 …
Maybe over the long haul the "twist" will do something good for the US economy. Maybe the best thing is that the FED stood aside allowing the market to sell off sharply on its own volition. Maybe the selloff in …
As anticipated GLD and many commodity related instruments got hit today. All of the conflicting signs: the weaker stocks that rallied, phase still bearish, lack of participation by market leaders, poor overall volume, low consumer confidence and short term hike …
There are conflicting signals and a tug of war. First, there is the impressive hold of the August lows and a return to the channel that had broken down in the indexes (SPY chart illustrates). Then, there is the phase-clearly …