Monday Blues

Monday Blues

Friends Don’t look now, but the year is not off to a very good start for stocks. For whatever reason one wants to assign to it, the market seems to be very tentative at the moment. Perhaps it’s not a selling spree, but it sure doesn’t seem like buyers...

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Boring Market

Boring Market

Friends After a couple of down days followed by a couple of up days, Friday’s session was about as quiet a session as we have seen in a long time. Stocks barely moved off the breakeven line all day long, as volatility seemed to just disappear. It’s kind of...

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Now We’re Even

Now We’re Even

Friends After the week opened with two very similar down days, the last two sessions have been identical to the upside. Once again, we opened trading with a nice 50 point Dow gain and spent the rest of the day meandering along, until building on the gains in the...

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Just the Opposite

Just the Opposite

Friends Today was just the opposite of the last two days. Stocks got off to a good start and basically held the gains for the entire session. After yesterday afternoon’s decent earnings release by Alcoa, traders seemed to be in a little better frame of mind. I suspect that...

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Repeat

Repeat

Friends Today was somewhat a repeat of yesterday, as stocks fell early (nearly 90 Dow points), then spent the rest of the day trying to pare some of the losses. Once again, it seems that traders are simply not interested in buying at the moment. It’s not so much...

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Down but Quiet Monday

Down but Quiet Monday

Friends Markets were somewhat quiet on Monday, as there was an early downward bias in the stock market. Traders seemed to want to give back Friday’s gains right from the start, and within a few minutes, stocks were trading with losses of more than 80 points on the Dow....

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