Sector Detector: Bulls get support from the Fed
Bulls found fresh legs on Wednesday with support from the FOMC, despite the reluctance of Greece to “play ball” with its creditors, which has been depressing investor sentiment. Everyone seems to agree...
View ArticleSector Detector: Stocks pause to enjoy the view
Stocks are finally showing a willingness to ease up on their bull run, if for no other reasons than to do some much-needed technical consolidation and to digest the latest news. You might say they are...
View ArticleSector Detector: Confused investors are saying, “It’s all Greek to me”
When something is confusing or incomprehensible, a person might say, “It’s all Greek to me.” Well, that’s exactly what investors have been saying for the past several days—in the market’s inimitable...
View ArticleSector Detector: Investor Paralysis
Last week, the spotlight of worry was back on Greece’s solvency. This week it is Spain’s turn again to spook us. Greece, Spain, and Italy are in economic disarray, and the prospect of growing their way...
View ArticleSector Detector: More of the same
Greece, Spain, Italy. Eurozone. Austerity. For stock investors, it’s just more of the same—the same rollercoaster of hope and despair about any of a number of potential outcomes…without resolution. On...
View ArticleSector Detector: Charts, rankings, psychology remain bullish
Markets have been signaling a willingness to look past the deluge of troubling news and move higher. This is bullish behavior. On Tuesday, market psychology displayed its positivity as initial weakness...
View ArticleWhat the Market Wants: A Lesson in Listening to Politically Inspired Chatter
Last week, neither Fed Chairmen Bernanke nor European Central Bank (ECB) President Draghi committed their respective organizations to a specific solution to the economic woes of the U.S. or Europe....
View ArticleWhat the Market Wants: Caution is the Word of the Week
After two consecutive weeks of more than 200 basis points of growth in S&P 500 market prices, resulting from general enthusiasm over the stimulus decisions of the ECB, Fed, and Japanese Central...
View Article