So, is the nightmare over now?  Does the activity in the market mean that the “bulls are back” and a strong rebound is inevitable?  Not so fast. Interestingly, buyers reemerged in a big way during a week when consumer confidence plunged to its lowest level ever recorded and the GDP suffered its worst showing since […]

Good news all around, right?  The housing sector appears to be rebounding as existing home sales experienced its best showing in five years.  Apple,, Microsoft each announced better than expected quarterly earnings.  Leading economic indicators implied future domestic strength. China’s growth rate hit a whopping nine percent in the third quarter. Institutions are starting […]

When did investors last breathe a sigh of relief for a 127 down day (on the Dow)?  Well, after a few weeks of sheer and utter panic, they will take the slight (since when are low triple digits considered sight?) negative day and head to the weekend to regroup.  More government intervention seemed to bring […]

What the heck is going on?  Blink and you miss a 100 point move down.  Blink again and the market moves another 300 points (most likely lower).  With sheer and total panic out there, investors pushed the global markets significantly lower this week and didn’t really need much of a reason.  Sure earnings season kicked […]

It wasn’t easy, but Congress finally stepped up and passed a government bailout agreement that many hope will help move the domestic economy and global financial system out of their prolonged “depression” (well, maybe not literally).  The bailout vote represented quite a difficult decision for most reps who knew it would be unpopular with many […]

It’s been nice knowing you.  Merrill Lynch, Lehman Brothers, AIG, Freddie Mac, Fannie Mae, Wachovia, Washington Mutual, and the list goes on.  During the past three months, the financial world as we once knew it changed forever and analysts are still trying to assess what the consolidations (not to mention, nationalizations) mean for the future. […]

Labor Day symbolizes the end of summer and the time when investors and traders get serious for the homestretch of the year.  Hopefully, this past week was not indicative of their market mindset and many are just easing back to work.  Weaker than expected retail and labor releases overshadowed the reduced inflation concerns (lower oil) […]

Obama vs. McCain.  Biden vs. Palin.  Experience vs. Change.  War vs. Diplomacy.  Middle Class vs. Wealthy.  Tax cuts vs. Deficits.  Clinton vs. Giuliani (oops, that never quite played out).  These themes will be repeated again (and again and again and again) as Americans try to figure out who represents the best hope to lead this […]

The stock market tumbled. The stock market rebounded.  Oil prices soared. Oil prices plunged.  The excessive volatility could only mean one thing.  The summer is winding down and traders are on vacation.  When volume is light, price movements in many major markets tend to be exaggerated based on the moods of those unfortunate folks who […]

This (energy) trend is definitely our friend.  Despite the “cold war”-like feel in the Russia/Georgia (not Atlanta) dispute and a decrease in last week’s inventory levels, energy traders failed to buck the latest trend as consumers and business alike are hoping for an even greater reprieve at the pumps in the coming days (weeks).  While […]

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