Markets top off a great week as volume subsides
For the week, the most dogged group according to CNBC et al was the resiliency of the S&P 600. Finishing the week up 3% was followed by NASDAQ finishing 2.5% and the S&P 500 up 1.2%. Volume slid from the prior week suggesting the bears will have some confidence going […]
Markets surge as volume falls, slightly
Steamrolling into the close the markets fueled by the Federal Reserves beige book. Contained within that book the statements like there are few inflation pressures and growth will remain moderate boosted market bulls. What surprises me is from my summer posts about mid-term elections derailing this market. I […]
Nasdaq and S&P 500 mark first distribution day in 3 weeks.
The gap down open was quickly erased by noon time. Trading seemed to lighten up as the market awaited the FOMC meeting minutes. If you have been on Investors Paradise with me you’d know that I am in agreement with MKM Partners’ Mike Darda. Inflation remains a risk as there is […]
Buyers and Sellers meet, push stocks higher
Markets pushed higher but not without seeing red. Stocks danced throughout the session suggesting a tug of war between bulls and bears. As earnings season falls on us much will be made of missed earnings. Treat earnings season more from a spectator sport than anything else. Look for stocks with Sales […]
New Positions
QD/VOCS were added to my portfolio this morning.
Market is relatively unchanged, not too much news out there to make note of.
On the energy front, DOE is stating that energy bills will be lower this
year…thank you Captains of the obvious!
Enjoy
MktSpec
Market shrugs off N. Korea’s Nuke test, end higher.
Big news after the close as GOOG snatches youtube.com for 1.65 billion in stock. Why lead off with this? I’m random, deal with it!
Waking up this morning Americans were notified of a nuclear test conducting by N. Korea. Now, I firmly believe that N. Korea […]
My Apologies
I’ve been distracted from my blog. Come Monday afternoon I will start posting daily.
One thing is for sure, all rallies have never started without a follow-through day!
Enjoy and happy trading.
MktSpec


