Is This Bull Tired?

Overall markets are somewhat negative today. The broader market is loosing steam as the trading day goes on. The S&P 500 and NASDAQ are among the index losers. The Dow remains stronger about unchanged for the day so far.
Last week was interesting as we witnessed a 150 point sell off in the Dow and a […]

CAUTION

We are in euphoric mode on Wall St. Stocks are once again flying high, adding billions of market cap in mere seconds on better than expected earnings. Dow has hit a record 13,000 and then some, S&P 500 is at newly minted highs. Global markets seem to be on fire, investors cant seem to get […]

View From The Bear’s Den

Wall Street appears to be at it again. The markets are rallying today with more than a 1% advance. Global markets are also on fire, many hitting new all time highs. Have we seen this before? The question to that answer is of course—yes.
US markets are now above post February 27th levels when the markets […]

Behavior of the Markets

Now that the major market averages have corrected about 3.5%, is the market finally settling out? I think not. Before Tuesday’s market plunge we were in a sweet spot in both the stock market and the economy. Global markets were hitting highs, and some even historical highs, with the US (Dow) among them. None of […]