U.S. stocks had their worst trading day since the current rally began in March.  Typically, this type of trading action signifies at least short term change of character for the market.  The fact that this was the widest trading range in a month, and that the Dow and S&P 500 made one week lows just […]

I’ve been away for awhile.  Sometimes it is good to just take a break from the markets to clear your head.  Plus, I have been working on another business venture.  Time to look at the markets again.
When this current move began last month, we were overdue for a rally.  Sentiment was clearly too negative.  Now, […]

U.S. Stocks gained on the back of rallies overnight in Asia and Europe as the G-20 summit began today.  The Nasdaq markets continue to show the greatest strength, and today took out the February highs.  A longer term look at the Nasdaq chart suggests that a break above the January highs, less than 5% away […]

U.S. stocks managed a nice rally on Wednesday, suggesting the current move from the lows may still be intact.  We’ll know more later in the week after the Friday jobs report is released by the government. 
Stocks were set to open lower today after the release of the ADP private sector jobs report showed a loss […]

The ADP jobs report indicated that the private sector lost 742,000 jobs in March, a weaker than expected figure, and an indication that the economy is still quite weak.  Stock index futures, already modestly lower ahead of the report, sold off a little bit more.   Dow futures indicate a loss of about 100 points at […]