• All eyes are on the Fed today as they meet behind closed doors discussing the future of our economy, (doesn’t that make you feel all warm and fuzzy inside?) and a decision should come out at about 2:15pm EST today. The market will act all crazy once it comes out and what I am looking

    By |Published On: November 4, 2009|1 min read|
  • The markets are shaping up to have one nasty open. It’s only 7am on the east coast and the futures are looking at 93 points down on the Dow, 16 points down on the NASDAQ and 11 points on the S&P. World markets are taking a beating with Asian markets selling off as much as 2.3% and

    By |Published On: November 3, 2009|1 min read|
  • Good Morning and welcome to the start of a new month – it’s amazing how fast this year has gone by and that we are now into the Christmas season (from a retail standpoint at least) – before we know it we’ll be knocked out on the couch, having stuffed ourselves on turkey and mash

    By |Published On: November 2, 2009|2 min read|
  • Last day of the trading month and we find the bulls gettting through October relatively unscathed. However, the tides seem to be changing, and yesterday’s rally seems to be more off of a bounce from oversold conditions rather than a true buy on the dip opportunity. In fact, the volume wasn’t all that impressive on any

    By |Published On: October 30, 2009|1 min read|
  • Markets are flirting with oversold conditions on a short-term basis which could create a bounce in the markets to relieve some of the pressure. Whether or not this happens will depend on the GDP and jobs reports and that is due out at 8:30am EST today. If they disappoint, we could see another punishing day for

    By |Published On: October 29, 2009|1 min read|
  • Markets are looking pretty sluggish out there today. Overnight we saw pretty significant declines from the Asian markets with losses ranging between 1.4% and 1.8%. The European markets aren’t fairing much better down about 1.2%. Currently US futures sees the Dow down 52 points, while the NASDAQ and S&P are each down 5.75 and 6.5 points respectively. We

    By |Published On: October 28, 2009|2 min read|
  • After yesterday’s sell-off, it would make sense that we see for us to see further follow through today – but when has the market ever made sense, right? Nonetheless, we have some major selling going on overseas with Asian markets trading down as much as 1.3% and European markets down as much as 1.7%. Right

    By |Published On: October 27, 2009|1 min read|
  • Good Monday morning to you! It’s the last week of trading for the month of October, so make it count. Overnight, the Asian markets were up on mild strength with gains ranging from 0.05% to 1.7%. European markets are currently seeing slight gains with the DAX leading the way at 0.6%. No major economic reports

    By |Published On: October 26, 2009|1 min read|
  • Microsoft (MSFT) and Amazon (AMZN) brings tidings of great joy this morning for bulls after announcing solid and above expectations earnings reports. Each are trading over 10% in the pre-market with Amazon staring down at gains of over 17%. For the tech companies, this has not been a disappointing earnings season at all.

    By |Published On: October 23, 2009|1 min read|
  • It is a big day for ‘da bears today to see whether they can put up or shut up. As mentioned last night, I think it is extremely important for the bears to have some follow-through to the downside after yesterday’s key intraday reversal. So far, the market is relatively flat with the Dow Futures up

    By |Published On: October 22, 2009|1 min read|