June 2013 New Home Sales Data Flattens Equities

Did Bernanke Really Put The Brakes On The Housing Market? Sometimes good news is bad news, especially when it suggests Ben Bernanke and the FOMC could start tapering sooner than later.  Today’s housing data showed the market is in good health with new contracts nearing May 2008 levels. U.S. new home sales in June 2013[…]

Bernanke Confirms Accommodating Stance In Congressional Testimony July 17, 2013:

Ben Bernanke Hasn’t Changed His Tune: Federal Open Market Committee Chairman, Ben Bernanke made it clear the Fed would be accommodating as long as economic conditions remain sluggish.  He also reiterated the Fed would hold assets long after it reduced purchases which would effectively keep the demand curve shifted and help interest rates stay low.  Although[…]

Russell 2K Closes At All Time High July 2013 After Bernanke Speaks Accommodatively

The recent rally in stocks has had many haters and new ones will be coming to the fore shortly.  The ‘most hated’ rally in history moved up another leg today after Ben Bernanke’s speech yesterday clarified which way the Fed will be headed.  The two most major initiatives of the FOMC are to monitor inflation[…]

S&P 500 & Homebuilders Break Upward Momentum As Bernanke Caves In Roof

S&P 500 & Homebuilders Break Upward Momentum As Bernanke Caves In Roof: Chairman Ben Bernanke may have single  handedly stopped the ‘wealth effect’ he helped create as short sellers took over the market definitively today dropping the Dow Jones Industrial Average 137 points.  Traders dumped everything including bonds and stocks. with equities continuing the downside[…]

FOMC, Bernanke Say No To Tapering In June 2013 Meeting But Markets Tank Anyway

This Could Be A Buying Opportunity For Equities In The Intermediate Run: Ben Bernanke and the FOMC kept interest rates the same and won’t be changing the current asset purchase program also known as QE infinity.  Bernanke was clear that the ‘downside’ risks were less great than a few months ago but if economic conditions[…]

S&P 500 Technical Analysis Update June 17, 2013

Stocks Look Shaky Before FOMC Meeting June 2013: Stocks are hitting resistance levels in a much more volatile week than most traders expected.  Many market participants are hedging just in case Ben Bernanke uses the “T word” tomorrow, but how can Bernanke mention tapering as opposed to possibly expanding QE? Chairman Bernanke has been explicit[…]

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Stocks End Inside-Out After Fed-Speak May 22, 2013

May 2013 Rally Fizzles, Is This A Buying Opportunity? The stock market lost ground yesterday after Fed speak hyped the equity buyers but sellers took over.  We anticipated a distribution day and traders changed sentiment with little economic data to end upward momentum. We expected an increase in volatility and the inside-outside movement yesterday was no[…]

S&P 500 Nears All-Time High After FOMC March Rate Decision

Fed March 2013 Decision Keeps Rates Unchanged: The S&P 500 came within 4 points of the all-time closing high after the Fed decided to keep interest rates unchanged.  Stocks meandered through the session but got a bounce after the FOMC decision to keep interest rates at current levels was announced.  Equities retreated late in the[…]

The February 2013 Rally May Not Be Over, Month End Analysis:

The February 2013 Rally May Not Be Over, Month End Analysis: The February 2013 rally still has legs and is part of one of the most underrated, unloved stock market rallies of all-time.  Most managers missed the rally all of last year and some were quick to short it when relative strength indicators for the[…]

bull vs bear

Stocks Finish Lower The Week After Fed QE3 Announcement, Is The September 2012 Rally Over?

Stocks Finish Lower The Week After Fed QE3 Announcement, Is The September 2012 Rally Over? One week after the massive bond-buying program from the Federal Reserve Bank was announced, stocks finished slightly lower as traders took profits.  A few distribution days occurred this week as market participants locked-in gains made after Ben Bernanke announced he[…]