Archive for category: Market Commentary

Happy Boxing Day!

Happy Boxing Day!

Friends As expected, the day after Christmas trading was light and the markets were mostly quiet other than a little spike in oil prices. Stocks simply meandered mostly in negative territory for the day, as there was nothing new for traders to chew on with regards to the fiscal...

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More Political Wrangling

More Political Wrangling

Friends More political wrangling, as the dueling press conferences continue. If it hadn’t already, it is now becoming comical. When all was said and done, traders decided to buy a little bit of yesterday’s dip and stocks staged a modest rally. It seems that market participants still believe that...

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Borrowing A Rally

Borrowing A Rally

Friends It seems as if the bulls are borrowing from the “fiscal cliff” deal announcement rally, as stocks continue higher despite no real evidence that a deal is imminent. Traders seem convinced that something is going to get settled before Christmas, and the bears who were positioned to the...

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