Daily Analysis

After a huge sell-off, bulls couldn’t ask for any more than what they got today. Tech led the way, on the coattails of IBM, who projected an unexpected, but rosy outlook for 2009. Today’s news with IBM, followed by Apple’s stellar 2009 earnings performance after hours, should push the Nasdaq to extend the gains

Rough day in the markets that went largely unnoticed today due to the inauguration of President Obama. Traditionally, inaugurations typically see a weak day in the market, and today was no disappointment, providing Wall Street with the worst market performance in inauguration history. No doubt the task before President Obama is incredibly difficult and the

Today was probably more of a rally due to the general markets being oversold, than it was about the markets having a sudden change of heart in regards to the conditions affecting our economy and stock market. However, I wouldn’t be surprised to see some a few more days of advancement in the general markets

Watching grass grow would have been equivalent to sitting in front of a computer monitor following the stock market today. Nothing major, but conditions are starting to look positive for the bulls to put together a rally of some kind, as we saw a nice uptick in volume today, not a huge uptick, but a

Let’s just say that was a pretty bad jobs report today, which obviously was the main driver for the market going down so hard. Believe it or not though, had this report come out about in November or early December, the markets probably would have gone down 8-10%. Instead the major indices averaged about a

It’s a new year, and the question everyone has on their mind is whether this is the year the market will finally recover. No one quite knows, but I do know this, that a majority of “Market Experts” believe that the S&P will finish up between 10% and 20%. What this means, is that the

With it being the week of Christmas, you can expect investors to take some time off this week, especially after the year the market has had – so don’t expect a lot of heavy trading, because it isn’t likely to happen. Today was a light volume day, that continues to trade in a consolidated manner.

Big time play by the Fed to assuage investor fears over the putrid economic conditions the United States is currently facing. Cutting rates between 75 and 100 basis points is huge and will likely reverberate across international  markets. Its likely too, that other countries will step up their efforts in rate cutting. But the language

From a technical standpoint, another solid day for the market even though the major indices finished in the Red. Reason why we say this is that in spite of one of the worst financial scams of all-time with Madoff robbing investors of roughly $50 billion – and yet we have a light volume day, which

It’s interesting how after some $2 trillion has been spent on trying to turn this economy around, the bulls still look to Uncle Sam to spend enough money to fix it. Eventually Congress will agree on a deal, it has to – it’s in its blood to bail these companies out. It gives those bureau-rats