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Bounce Finds Legs on News

Thursday, September 27th Welcome back to the buyers today. Spain announces tough buget plan for 2013 which is focused on cutting spending versus raising taxes. Investors this to be another step towards Spain requesting bailout Read More

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More Selling, But Not a New Trend… YET

Wednesday, September 26th More selling as investors deal with a miss on the new home sales for August. However, prices did rise more than 11% year-over-year. That was the single highest monthly increase ever. The news from Read More

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Comments From Fed President Rattles Investors

Tuesday, September 25th Positive housing data helped push the indexes higher early, but the selling returned as the day progressed. Throw in the comments from Fed President Plosser relative QE3 rocked the confidence and markets Read More

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European Headlines Keep Investors Guessing

Monday, September 24th The market ends lower on day after opening on the downside in response to Europe. Worry? Not really a big worry if you put in weight behind the VIX index. Sentiment? Yes, Read More

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Markets Treading Water

Wednesday, September 19th Existing home sales surge in August! At least that is what the headlines say. The gains were 4.82 million homes sold in August versus 4.47 million in July. That was 4.6 million Read More

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