Posts Tagged ‘Market’
So much for the double-dip recession and a new bear market. With upside surprises Wednesday in the Institute for Supply Management’s manufacturing survey and Friday morning’s August jobs report, it’s safe to say the correction in stocks is over.
I knew this was going to be a good week in the markets when I looked in [...]
This lackluster session was an appropriate end to a lackluster month of August. The market feels heavy to me yet it refuses to breakdown under the July lows. That could change if we get a bad number out of Friday’s payroll report. Until then, I expect trading to remain muted and contained [...]
During the stock market’s recent swoon, J.J. Burns has been getting the same message from his clients. “Keep me out of the stock market,” they tell the New York–based adviser. But they also have another request: “Make me money in the market if it soars.”
So Burns, who manages more than $300 million for clients, says [...]
Quotable
“Even our subdued optimism may seem surprising, because the standard gauges of household leverage – ratios of debt to income, debt to assets, or mortgage debt to owners’ equity in real estate – paint a bleak picture of the average household balance sheet. While household debt in relation to disposable income has declined significantly [...]
By Elliott Wave International
Of all the belief systems of Wall Street, few can claim the devoted following of the Efficient Market Hypothesis, the idea [...]
M&A activity and some good earnings news sparked a decent rally today. Volume increased a bit but it was still typical summer low volume. The most significant development was the S&P closing above its 50-day moving average. The Nasdaq got close to its 50 DMA but late day selling pushed it back [...]
Wednesday was a bad day for global markets. Or was it?
Although it felt terrible to see stocks down so much in one day, the reality is that they fell back only to where they were about 10 days ago, and the market didn’t seem so bad then. In fact, it felt pretty good at that point, [...]
By Richard Gunderson – By its very nature, stock investment involves dealing with volatility. For many, the term “volatility” has a negative connotation particularly when it pertains to financial assets. The dictionary definition of volatility is readily understood. In the world of stock market investing, the meaning is not as clear. For [...]
By GCI Forex Research
Fundamental Outlook at 1400 GMT (EDT + 0400)
USD
The higher initial jobless claims data caused some consternation despite the fact that it is not included in the upcoming payrolls figure. The dollar lost some ground versus the safe haven JPY and CHF as Treasury yields moved lower but otherwise the dollar remained rangebound [...]
So we had more improvement to the technical picture today despite the slightly declining volume. Given that this is a Monday in the dead of summer the volume wasn’t that bad. This doesn’t matter much from the technical perspective but after today’s pop all the major indices are positive for 2010. That [...]
