S&P 500 Approaching New Multi-Year Highs Will August 2012 Mimic Last Year? Probably not. The S&P 500 index is showing strength after a horrible May 2012. Our analysis showed early in the summer that the old adage “sell in May…
S&P 500 Breaks Out Of May 2012 Range Approaching Multiyear Highs, Small Cap Stocks Outperform: The S&P 500 has resisted bearish calls to the downside and is pushing forward to near multiyear highs. The financials, technology and small caps which…
U.S. Stocks Rebound After Goldman Equity Call Confusion, ECB Announces New Collateral Acceptance: Stocks rose today taking back some of the losses from yesterday after Goldman Sachs sent out confusing messages on the economy and trading U.S. equities. Yesterday, Goldman…
Moody’s Downgrades U.S. Banks After Goldman’s Scurrilous “Short The S&P 500″ Call: Should a major investment bank make a “short” call? Moody’s finally downgraded several large U.S. large banks. The move was largely anticipated and comes one day after the…
Banks and Home Builder Sentiment Help Stocks Rally: Europe off the table for now. Stocks rose today led by positive news from the banking and housing sector. Bank of America beat Wall Street earnings expectations and rose 7% while Goldman…
