August 4, 2008 Moderate day to the downside for the major indices. Interesting phenomenon though occurred today, and that is, the markets were unable to rally despite the price of oil dropping $4.23/barrel. Anytime before, the market would have seen probably 1% – 2% to the upside. But it didn’t. [...]
August 1, 2008 Comparatively speaking, today’s market action was pretty mild. We had a mixed jobs report, but the market was hoping for more. That is why we were saying in yesterday’s market analysis, don’t expect too much from the report, because there was way too much optimism going in [...]
July 31, 2008 Down a bunch, up a bunch, up a bunch, and down a bunch. That’s the best way to describe the market’s action this week, which leaves us scratching our head as to what Wall Street will deliver tomorrow. Up to this point we are pretty close to [...]
July 30, 2008 Another solid effort by the bulls today as they managed an impressive follow through from yesterday’s 2% bounce. But here’s the breakdown: the status quo that we have mentioned in previous articles (namely financial crisis, housing meltdown, and oil exuberance) hasn’t changed. There is no confirmation that [...]
July 29, 2008 The beginning words in a famous poem by Robert Frost that we have all heard since childhood. And as we all know, the poem ends “I took the one less traveled by, and that has made all the difference”. So you’re wondering as to why we choose [...]
July 28, 2008 A new week and more of the same from Wall Street. Oil showed some strength, in which if it decides to rebound or at the least give us a dead-cat bounce, after two weeks of solid declines, this would not be the most ideal of times for [...]
July 25, 2008 A quiet day for the most part, though the NASDAQ was able to put together some respectable gains after what has been a solid week of earnings for companies in the index. The Dow and S&P saw a continuous decline for the day after opening up relatively [...]
July 24, 2008 If you were starting to feel the slight bit optimistic today, I’m sure you had the wind knocked out of you by the time the market closed. But to be completely honest, I’m surprised that the market made it as far as it did without the type [...]
Here’s a nice little cheat sheet to find the ETF to meet your investing and trading needs. While there are thousands of ETF’s out there, these are the ones that are most often traded in. We have them broken down by category so you find exactly what you need very [...]
July 23, 2008 A couple of ways to look at the market today. Both a bullish and a bearish perspective. First, the bulls will argue that today’s rally is proof that we have finally hit bottom. Why? Each rally has been met with a solid follow-through, not to mention the [...]
July 22, 2008 This is where the market becomes more and more difficult to interpret. If you read my post yesterday, I was in the camp of the bears heading into the market open. Funny though because in the back of my head I was aware that I was becoming [...]
July 21, 2008 Let’s be honest – it would have been more exciting watching grass grow than to sit in front of a computer and watch today’s market action. Traders used the bullish open to fade it to the downside and from thereafter the market traded sideways for the remainder [...]
