Posts Tagged ‘stock market commentary’

Market Slips but Not By Much

9:00am (EST) The Terrific Tuesday’s turned into a Tame Tuesday as the bears evened the score for the week and are ahead on Wall Street’s scorecards.  Although the action was subdued with more slick talking heads calling for a pullback, there were a few bullish signs that kept the lossesRead more

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Bulls Push Resistance on Strong Rally

1:30pm (EST) We have been expecting a test to resistance and we said we could have a huge snap-back rally or dead cat bounce this week.  Well, here it is and it is happening before the release of the Fed’s Beige Book (at 2pm). The bulls have been known toRead more

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Market in Wait-and-See Mood

12:45pm (EST) The bulls and bears seem tentative to place big bets ahead of this week’s fireworks which could go off any moment.  The show will officially start here in the U.S. with tomorrow’s economic news (Fed’s Beige Book) and today’s ISM Services numbers were mildly positive.  The index cameRead more

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Bears Growling, Futures Down Sharply

9:00am (EST) The other curve ball will be Friday.  The Unemployment Rate is due out and an uptick could cause panic as investors feel the recovery could be stalling.  If the number is flat or moves lower, it will help the bulls case for higher prices.  The problem is theRead more

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Nasdaq Trips 3,000; S&P 1,375

1:25pm (EST) The bulls have done us proud by hitting ALL of our fluff targets but the market immediately took a step back after Ben Bernanke started speaking.  Economic news came in better-than expected as 4Q Gross Domestic Product (GDP) was up 0.9% for the quarter versus expectations for anRead more

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Futures Higher Ahead of the Bell

9:10am (EST) Futures are pointing towards a slightly higher open this morning.  Ahead of the bell, Dow futures are up 45 points to 9,664. The S&P 500 futures are higher by 6 points to 1,047, while the Nasdaq 100 futures are up 9 to 1,706. In earnings news, Cal-Maine Foods (CALM, $27.78) reported aRead more

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Weekly Wrap for 2/22/09

1. Commentary 2. Gold and Platinum 3. Trading Bank of America 4. 2008/ 2009 Portfolios 5. Current Trades 6. Earnings 7. Closing Thoughts ************************************************** 1. Commentary If 666 is the number of the beast, it must be that of a bear because it roared its ugly head at the market.Read more

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Weekly Wrap For 1/18/09

1. Commentary 2. HSBC Holdings 3. Genentech 4. Intel 5. Earnings 6. Closing Thoughts ************************************************** 1. Commentary The market continued its slide last week led by the financial sector which lost over 15%. We had the usual suspects in-play as a number of high profile banks begged, borrowed, and pleadedRead more

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Dow Breaks Losing Streak

The market managed to do a little something on Wednesday as Wall Street enjoyed the holiday and looks forward to 2009. After a slow start the Dow managed to pull out a gain of nearly 50 points on the strength of the financial stocks. The Dow’s close of 8468 representedRead more

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Market Holds Steady Ahead Of Rate Cut Decision

The market has been in and out of positive territory following yesterday’s huge rally, as the bulls and bears position themselves ahead of today’s decision on interest rates from the Federal Reserve. The Fed is expected to cut rates by a 1/2 or 3/4 of a point but Wall StreetRead more

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.