U.S. Stocks staged a strong rally in late afternoon trading on Friday, as the current bullish phase re-asserted itself again.  This was in spite of the Dollar getting pummeled in Forex trading on Friday, closing at its worst level in 8 months.  The strength in stocks was even more impressive in that it was accompanied […]

The sell-off in U.S. Treasury securities appears to be finally weighing on the stock market.  The prospect of higher interest rates may now be on the minds of stock traders and investors, as higher interest rates will stunt any U.S. recovery.  The yield on the 10 Year Treasury Note is now over 3.7%, a full […]

U.S. stocks ended the week little changed from the previoius week, while the U.S. Dollar Index fell to fresh 2009 lows.  One has to wonder why the greenback is so weak against the likes of the British Pound.  Isn’t the UK economy far worse than our own?  Oh, maybe it is because we are printing […]

U.S. stocks pulled back a bit this week, as the S&P 500 closed nearly 5% below the previous week’s close.  Among the major averages, the Russell 2000 was the weakest, giving up 7% on the week, while the Nasdaq 100, held up by big cap tech stocks, finished lower by less than 3%. 
What does all […]

U.S. Stocks posted a true selling day today, indicating that the current advance is struggling.  If we see another of these in the next week or so, traders will know that the move up from the March lows is likely over, and the market may be in store for a re-test of those lows.  However, […]

U.S. Stocks ended the week with another bang this week, continuing the run that began in March.  The S&P 500 is now 37% above its closing low in March, showing gains in just about every week since its Bear Market nadir. 
 On Friday, stocks managed to rally in spite of an employment report that showed another […]

After a weak start to the week, U.S. stocks clawed their way back to post another weekly gain, continuing the rally that started in March.  Continuing to lead the way are the semiconductors, and some more economically sensitive groups, such as resorts and casinos, lodging, and even auto dealerships.  Those groups have moved the most […]