December 31, 2009 | Leave a Comment
The last Market Commentary prior to the New Year, Happy New Year. We wish all of you a prosperous and joyful new year. A quick look back at 2009, we saw the market appear to crater into oblivion and a historic rally. All in one year and we were certainly on top of the market. [...]
A Late Day Push Sends Stocks into the Green
December 31, 2009 | Comments Off
The last Market Commentary prior to the New Year, Happy New Year. We wish all of you a prosperous and joyful new year. A quick look back at 2009, we saw the market appear to crater into oblivion and a historic rally. All in one year and we were certainly on top of the market. [...]
A Late Day Push Sends Stocks into the Green
December 30, 2009 | Leave a Comment
A very nice day for bulls as stocks pull back in light volume taking a breather from 6 days worth of gains. Many leading stocks pulled back in light volume and displayed healthy action. This uptrend continues to be on track and appears to be gearing up for more gains.
Part of the story today was [...]
Winning Streak Ends for Gains while Volume Subsides
December 30, 2009 | Comments Off
A very nice day for bulls as stocks pull back in light volume taking a breather from 6 days worth of gains. Many leading stocks pulled back in light volume and displayed healthy action. This uptrend continues to be on track and appears to be gearing up for more gains.
Part of the story today was [...]
Winning Streak Ends for Gains while Volume Subsides
December 29, 2009 | Leave a Comment
Stock rise again as traders feel the joy of hints at better than expected retail sales. Holiday volume took over once again, but it is not unexpected as many traders are taking vacation. The uptrend continues and it continues to be strong.
We are going to be wise and take profits where our stocks signal. Unlike [...]
Stocks Avoid Holiday Hangover End Higher
December 28, 2009 | Comments Off
Stock rise again as traders feel the joy of hints at better than expected retail sales. Holiday volume took over once again, but it is not unexpected as many traders are taking vacation. The uptrend continues and it continues to be strong.
We are going to be wise and take profits where our stocks signal. Unlike [...]
Stocks Avoid Holiday Hangover End Higher
December 24, 2009 | Leave a Comment
Trader’s once again ignored bad economic data as new home sales plunged 11.3%. Initially, the market did see selling as traders reacted to the terrible housing data. Slowly but surely stocks began to creep higher and eventually hitting into new high territory. Small caps again out-shined all gaining more than 1% on the day while [...]
Low Volume Continues as Stocks Continue to Rise
December 24, 2009 | Comments Off
Trader’s once again ignored bad economic data as new home sales plunged 11.3%. Initially, the market did see selling as traders reacted to the terrible housing data. Slowly but surely stocks began to creep higher and eventually hitting into new high territory. Small caps again out-shined all gaining more than 1% on the day while [...]
Low Volume Continues as Stocks Continue to Rise
December 23, 2009 | Leave a Comment
GDP figures were revised lower once again as President Obama’s stimulus package of $780 billion simply was not effective enough. Traders simply ignored the revision and plowed forward pushing stock prices higher. Unfortunately, volume simply was not seen as we are heading into the holiday season. As Christmas approaches we’ll more than likely continue to [...]
Traders Shrug-off Disappointing GDP Revision as Small Caps Lead
December 22, 2009 | Comments Off
GDP figures were revised lower once again as President Obama’s stimulus package of $780 billion simply was not effective enough. Traders simply ignored the revision and plowed forward pushing stock prices higher. Unfortunately, volume simply was not seen as we are heading into the holiday season. As Christmas approaches we’ll more than likely continue to [...]
Traders Shrug-off Disappointing GDP Revision as Small Caps Lead