Dow Has First Week Of Losses In 2013: The Dow had a seesaw week that culminated in a marginal loss. Stocks have been tricky this week as they rose on low momentum with traders buying on dips. Much of the trading action occurred with low volatility which rose slightly towards the end of the week.…
The Euro Crisis Rears It’s Ugly Head For 2013: Stocks posted marginal losses today with the Dow Jones Industrial Average falling 42.47 points or 0.30% to 13944.05. Concerns over Europe added to negative sentiment and equities fell sharply with the Dow falling triple digits before making a late day comeback. Short-term relative strength indicators are…
Will the low volatility trend continue? The Dow Jones Industrial Average made a strong comeback today as volatility dropped sharply. We have been watching volatility closely for the last few days and the spike higher yesterday was not confirmed by follow through today. Investors seem bullish in an environment characterized by low volatility which could…
Dow Falls 129 As Volatility Spikes: The stock market bulls could be losing momentum. The Dow Jones Industrial Average fell 129.71 or 0.93 percent to 13,880.08 over renewed fears about Europe, Asia and U.S. economic data after a soft unemployment report last week. Traders liked the unemployment report numbers on Friday, but concerns about the…
Dow Closes Above 14,000 On Positive Jobs Data, Consumer Confidence And Manufacturing Data: Just when the economy looked like it was teetering, the data gets better. Today, a slew of economic data confirmed the economy isn’t in contraction mode although it’s still growing at a slow pace. January 2013 nonfarm payrolls rose by 157,000 which…
Will Any January 2013 Nonfarm Payroll Number Will Be A ‘Good’ One?? The economic news isn’t getting better. The recent trend in economic data has been negative may be evidence more problems could be lurking. Consumer confidence numbers for came in much weaker than expected for January 2013 and were the lowest in a year.…
Fourth Quarter 2012 GDP at 0.1 Percent, Lowest In 3 Years: Jobs data tomorrow could confirm weakness. Remember all that wrangling about what would happen to the U.S. economy if Republicans and Democrats continued to squabble over the fiscal cliff? Well… it happened. The U.S. economy grew at the worst pace in three years in…
Sectors Important As January 2013 Stock Market Rally Closes In On Pre-2007 Levels: Market rebounding as if 2007 never happened or was grossly overestimated. The U.S. stock market remains in rally mode closing in on 2007 levels before the ‘near collapse of the financial sector’- which hasn’t happened several times now. In prior times of…
January 2013 Stock Market Rally Shows Signs Of Weakness- Time For Sector Picking: It’s way too early to assume the recent rally in U.S. equities is over but there were some early signs today the market could be overextended. This doesn’t mean the S&P 500 January 2013 rally can’t gain a few more points but…
