Daily Analysis

Some will argue that today was that inevitable “dead-cat bonce”. That may be true, but the strong volume, and the rally off of a fair amount of significant selling in the early going, is enough to make you consider thinking otherwise. We also have seen a lot of volatility of late; huge rallies, followed by

Quiet day for once, considering what we have been through for the past week and a half. Buyers were looking for the inevitable “dead-cat” bounce, while shorts were trying to figure out whether they should sit on the gains from yesterday and last week and hope for more, or whether to “know when to walk

Depressing title, huh? Even so, it speaks volumes of the pain and trouble that investors and traders across the board are dealing with. In fact, regardless of the direction that you are trading in, it is still difficult to be on the right side of the trades. Today’s culprit: Lehman Brothers. They continue to play

Often times we talk about game changers or better yet, a change in the status-quo. Today we got such an event. They only happen a few times (if that) each year, and when they do, they can turn the tide of the market in an instant. Whether today will prove to be such, only time

As mentioned in yesterday’s analysis, we anticipated a market bounce today and while it might not seem like much in terms of what we got at the end of the day, nonetheless, it was. Wall Street received a nasty jobs report, that saw the market open drastically lower, only to see it steadily climb itself

Wow! Today’s action was by far one of the most significant days of the year. One could truly feel panic setting in with the buyers. We are extremely oversold in every sense of the word, and at this point it would seem illogical for us to get a bounce, which precisely makes me think we

Indecisive for most of the day, market finally made a break for it to the downside. Nice to see traders coming back from their summer vacation as indicated by the two strong days of volume we have had so far in September. Something we haven’t seen in quite some time, that in terms of actual

Wall Street had everything going for it: a weakened hurricane that avoided the off-shore oil rigs, which subsequently saw oil prices sell-off almost a 10% from Friday’s close, combined with enthusiastic traders coming off an extended weekend. However, September lived up to its billing of being a dismal month for positive returns and retreated throughout

August 29, 2008 Well it has become the trend of late – two or three steps forward and one gargantuan step backwards. What makes this all so very interesting is that reports on durables and personal income are having huge impacts on the market, when their impact prior was usually minimal. In fact, for the

August 28, 2008 A strong GDP report followed by a drop in jobless claims did wonders for Wall Street today – not to mention the fact that oil saw weakness in light of a brewing tropical storm in the Gulf. In regards to volume we are starting to see somewhat of an increase in capital