U.S. Stock Market Rally Continues Amid Negative July 2014 Global Headline Risk

The next leg of the rally may have just begun: The U.S. stock market continues to be the ‘most hated rally’ in history.  Long-term holders have been rewarded for their patience while short-term buyers are rewarded for purchasing on dips. Even global headlines that were extremely negative have not dampened bullish sentiment.  Here are 3[…]

Dow Jones Looks Poised for 18,000

  The Dow Jones Industrial Average looks ready to set a new all time high of 17,000 after continued follow-through since the Fed meeting last week.  Market participants where rationally exuberant after Janet Yellen kept on course and didn’t rock the boat with higher quantitative easing.  As expected, the FOMC kept the rates constant and[…]