Watch-Lists

We are definitely seeing some weakness heading into the open today. If we get a bad number when Jobless Claims comes out at 8:30am EST, we could see some pretty heavy selling ensue. Currently, US Futures are down 45 points on the Dow, 11 points down on the Nasdaq and 6 points on the S&P.

As funny as the Christmas Story clip was yesterday, I consider this moment from Home Alone 2 right up there with it...this is equivalent to how the bears must feel over the past 10 months when every time they get the market on the brink of selling off hard, WHAM! a brick comes flying in

Unbelievable how fast this month is going by as we are now at the half-way market and that means only 10 days left until Christmas is here. And in the spirit of Christmas, (yes I know, I am being politically incorrect by saying Christmas and not Happy Holidays, but that is what I celebrate and most of

Good morning folks - No time to have a case of the "Mondays" as we have a jam packed week of stuff to take on. Not only is it Options Expiration Week, but we also have the Fed Meeting this week (statement on Wednesday). As for today - nothing major to focus on but this

With the market range-bound over the past month, the bulls have been jerked around quite a bit by the bears- just when it looked like a breakout was imminent, we give up our gains to go back down to the lower end of the channel this market is trapped in. Without further describing it with

Hopefully today, we'll get a better feel for what the true intentions are for this market. We've been range-bound for the better part of the month - so a breakout or breakdown would be a welcome development. This market, of late, has been weeding me out of a lot of positions. Currently I am still

Dadgumit! This is my second attempt at the morning write up – all but finished with the first one, and I hit the backspace to delete a word, and instead it took me to the prior web page I was on and totally wiped out my post for this morning. So hear I am making another

Things are looking fairly quiet this morning – there was little to report on the overseas action as those markets seemed fairly muted for the most part. Currently US Futures are trading with a positive bias, with the Dow up 20 points, Nasdaq 4.5 and the S&P up 2.75 points. There is a few

After a disheartening session on Friday, where the bulls gave up most of their gains after a very positive jobs report, they will try to wipe the slate clean today and rebuild that positive momentum that they have had for much of the year. No major reports to speak of today, however, Uncle Benny speaks at 12pm

[UPDATE: Jobs number is out and the market is running hard. Payroll fell 11,000 and unemployment rate fell back to 10% flat.] Today we get that all important jobs report. Will the unemployment rate jump up again as it did last month, or will we find it subside a bit. We will soon find out,