The Markets Stocks renewed their upward bias during March as most of the major averages posted new recovery highs to round out the quarter. The Dow Jones Industrial Average, which closed just below 10,000 on February 8th (DJIA – 9906.39), finished higher on eighteen of the next twenty-three sessions. While the run of winning days [...]
After a break in our monthly market commentary publishing schedule to allow for the reading of my new book, On the Right Side of the Market, I’m pleased to publish our first market commentary of the new year (and of the new decade)… The Markets I continue to believe in the importance of the big [...]
The Markets Another good month for the markets, as investors appear to looking beyond the bad economic news and toward a late-year recovery. The month of May sported meaningful gains for all major market segments, with the Dow Jones Industrial Average ahead by 4.06%,the S&P 500 better by 5.31% and the NASDAQ 100 ahead by [...]
The Markets After recovering off the March lows, stocks largely held their ground for the month of April. The Dow Jones Industrial Average kicked off the month on the heels of its best four week percentage gain since the great depression. What goes down must go up eventually, right? From March 6 through April 3, [...]
The Markets What a ride! Although it was not anything close to resembling the kind of fun that I seek out of life, you have to admire the dynamics at play during the last quarter. It was the first quarter in the history of the S&P 500 that the index experienced a complete bear market(declines [...]
The Markets The start of 2009 isn’t exactly what the bulls had in mind. With January now in the books and February more than half over, the market bounce from the end of the year is largely gone, at least for now. Following a six week rally off the November lows, the market ran out of [...]
THE MARKETS As 2008 comes quickly to a close, the markets have stabilized and appear to have put in at least a temporary bottom at the Dow 8000 level. However, as of yet they have failed to build any positive momentum heading into the end of the year. Following the markets significant retreat in October [...]
The Markets Over the course of the last month, the global equities markets have fallen into a deep funk, dropping to market levels first seen back in 1998. Through last Friday, the Dow is down -36.3% for the year, the S&P 500 is down 38.8%, while the NASDAQ composite has lost -37.8% of its value. [...]
The Markets It was another wild month on Wall Street as triple digit moves were once again the law of the land. Traders recently came back from the Labor Day break ready to digest a spate of both positive and negative news. On the bullish front, the recent slide in commodities (oil, gold, copper, steel, [...]
The Markets Following the extended July 4th holiday weekend, stocks returned to their volatile ways, with the Dow Jones Industrial Average trading up or down by 100 points or more each day of the week. On Monday, the Dow traded in a 200-plus point range only to finish slightly lower. The sectors that declined sharply [...]
