Wikimedia CommonsToday was very confusing for traders. You had a housing number that may have incorrectly gave a feeling that housing is about to rapidly get back on its feet and we…
We are getting more and more caution from technicians and fundamental analysts that bring back the notion and fears of another market correction. Some are expecting far worse than just a correction. …
The big technical level in the S&P 500 Index was 1,085, but that feels like some time ago. There is no magic trick on a technical level of 10,000 on the Dow…
Friday marked month-end for January in the financial markets. There have been many efforts out there to discuss the market’s direction, but perhaps the one issue that traders will be using to…
We have started taking a look at the 30 stocks comprising the Dow Jones Industrial Average to see which stocks had the most implied upside of all DJIA components. We have taken…
Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) was out yesterday talking up “enormous progress” that has been made since a year ago. His comments came from an interview and an opening…
The Dow Jones Industrial Average is literally within 20 points of the psychological DJIA 10,000 mark. We have not seen Dow-10K since October, 2008, but that month we saw 11,000 and saw…
The Dow Jones Industrial Average is within sight of the psychological 10,000 mark. Again. This is a price-weighted index rather than a market cap-weighted index, which makes the index not as representative…
While everyone is stuck talking about the one year anniversary of the Lehman implosion and the real start of the next-to-last big leg down in the financial sector, there is a significant development…
We won’t go as far as to say that the DJIA and the S&P 500 are directly correlated even after the recent rebalance. However, there is one common notion on today’s weakness…
Yesterday’s major rally may have brought on more than just the garden variety panic buying seen in prior panic buying waves. So far we have profit taking being seen early on, but…
The Dow Jones industrial average, or DJIA, is perhaps the mostly widely recognized index in the world. When people talk about “The Market” in cabs and in bars, and on the phone,…
There is a disturbing event happening, and it is one which if gets much worse will take out much of the feeling that the markets have bottomed out. Today the market index…
Today, Bernanke & Co at the FOMC gave us their rate decision. The FOMC has decided to the Fed Funds Rate 0.25% to 2% and the Discount Rate by 0.25% to 2.25%.…
The FOMC did just come out and issue its discount on interest rates today. We saw a 0.25% RATE CUT FED FUNDS and we saw a 0.25% RATE CUT ON THE DISCOUNT…
