May 2013 Best Since 2009 For Equities, Here’s 5 Reasons Why

Will June 2013 Be Better Than May? The stock market has been on a tear recently and May 2013 was profitable for bullish traders. Bonds took a drubbing as risk lovers gobbled up stocks and June 2013 could be another good month.  There are lots of reasons for the 2013 rally but here are a[…]

s&p 500 technical analysis chart 6 months ended may 28 2013

Sell In May And Go Away Fails Again In 2013

S&P 500 Closes In On New Highs After Inside Outside Gap Up Day: Stocks hit our resistance levels and show no clear advantage to sellers or buyers.  Short- term trends could favor buyers on dips but there are some reasons to look more carefully at intermediate trends.  Key stocks that made gains all year are[…]

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious: When will we start talking about the Fed again? Traders picked up on upward momentum in midday trading as the Dow rose marginally in a cautious trading environment. The Dow Jones Industrial Average barely gained for the day closing[…]

U.S. Stocks Mixed As Volatility Rebounds

U.S. Stocks Mixed As Volatility Rebounds: U.S. stocks were mixed today after traders digested a week and a half of higher momentum.  The Dow Jones Industrial Average closed at 14,450.06 up 2.77 or 0.02% while the NASDAQ was down by 10.55 ending the day at 3,242.32 or -0.32%. The S&P 500 also closed down 3.74[…]

Dow Follow Through Is Light After Historic All-Time High

Dow Follow Through Is Light After Historic All-Time High March 2013: Volatility creeps up.  The Dow Jones Industrial Average rose marginally today as traders built on yesterday’s all-time high. The Dow hit 14,296.24 up 42.47 or 0.30% with slightly rising volatility. Traders were encouraged by news from ADP showing private sector jobs growth of 198,000[…]

Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility

Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility: Stocks were mixed ahead of a long three-day weekend with no trading on Presidents Day Monday February 18, 2013.  Traders were reticent to make heavy long side bets with no new catalyst to drive stocks higher.  The Dow Jones Industrial Average closed up only[…]

Dow Has First Week Of Losses In 2013

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.[…]

Dow Makes Strong Comeback As Volatility Fades – Will Low Volatility Be The New Norm?

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

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

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[…]