Posts under Economy & Markets Category

After the volatile session yesterday, the S&P 500 has broken back above the channel we have been discussing for a few weeks and now the Russell 2000 and NASDAQ appear to be joining (was not the case yesterday).  If not…

This is very much like the fiscal cliff environment where one politico comes out and says one thing, and market rallies, and then another politico says something opposite an hour or day later and the market falls.  Except this time…

Many of the up moves since 2009 seem to come off an overnight gap up and today is no different.  We'll see if bulls can hold this but right now they have punctured the top end of this channel.  A…

As stated late last week this FOMC meeting will actually be one to watch as the now month long correction has been all about a potential dissipation of quantitative easing.  With employment nowhere near target and an argument that not…

Well speaking to the comments just posted a few hours ago we just got a story from Fed mouthpiece Jon Hilsenrath at the WSJ, indicating we can expect a very dovish press conference from Bernanke next week.  The market rocketed…