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[…]

The 3 Most Important Highlights From The FOMC Rate Decision May 1 2013

FOMC Does Not Signal End To QE: The FOMC’s statement today was strong/bullish but most of the attention was not on the lack of inflation or that the FOMC could make additional bond purchases.  ADP’s data today showed the economy is exceptionally weak with only 119 private jobs in April 2013 The 3 Most Important[…]

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[…]

FOMC January 2013 Meeting Minutes Put A Damper On Stocks

FOMC January 2013 Meeting Minutes Put A Damper On Stocks: Some committee members think QE may need to end soon. The Federal Open Market Committee’s January 29-30 2013 meeting minutes dragged down stocks today as investors took profits after the recent February 2013 rally became extended.  A sharp change in trend occurred after the meeting[…]

iwm stock chart september 2010 to september 2012

Financials and Small Caps Rise Ahead Of September FOMC Meeting 2012 On QE3 Expectations, German Court Ratifies EFSF:

Financials and Small Caps Rise Ahead Of September FOMC Meeting 2012 On QE3 Expectations, German Court Ratifies EFSF: The sectors we are watching carefully moved up as traders await news from the Fed on QE3 at the September 2012 meeting.  Fed Chairman Ben Bernanke will let market participants know more tomorrow and some traders moved[…]