Monthly Archives: April 2012

Apr12

While the market is down for the week it is now flat with the gap down open Monday morning.  Considering the news backdrop (we were down this morning premarket) that's a big win for bulls.   Even the QQQs have…

Apr12

Tractor Supply (TSCO) is one of those names which is under the radar but having a very good year.  This is a play on the agricultural side of things and unlike a company like Deere (DE) which has struggled since…

Apr12

After falling to negative in premarket on weekly claims, the market is now up sharply with a lot of the pro cyclical stocks leading the charge (metals and global companies).  Those were the hardest hit of late.  While I was…

Apr12

As the unofficial mouthpiece of the Fed, the Wall Street Journal's Jon Hilsenrath is must read theater.  After Yellen's speech last night he says: Against that backdrop, officials seem unlikely to want to veer from the low-rates-to-2014 forecast that the…

Apr12

(note: facetious financial website hyperbole intended) Yesterday began the "obvious" oversold bounce.  By obvious I simply mean it was due after a pretty hectic selloff, but with the poor close Tuesday it was not necessarily obvious that it would begin…