Monthly Archives: June 2012

Frankly it's quite impressive the market is "up here" with the decimation going on under the surface.  Group by group is being sold off, and rotated out of – the last group that had been holding up was high growth…

U.S. futures look to open somewhere in the -0.5% range as it's already been a volatile morning.  After being flat most of the overnight session (with the U.S. dollar down materially) once Europe opened the dollar rallied and in a…

The action continues to be "weird" today.  That PDP ETF I noted earlier in the day is now down over 0.5%.  Consumer discretionary names – especially those that had been leaders – are being damaged quite seriously today. Disclosure Notice…

Outside of homebuilders, most of today's strength is focused in broken stocks/sectors – it's a day for energy, metals/mining, financials and the like.  Anyone holding these groups over time has been hurt badly.  Example:   But these are the areas…

This month is more and more like April every day – a very random binary action type of market.  Nothing is sustaining in one direction or another.  After the gap down Monday the market held in yesterday and today has…