Market Direction Is Still in Limbo
The major indexes ended the day mixed, but the month of October “spooked” investors (sorry had to do it!). The NASDAQ closed down 11 points and remains below the 3000 support level, but holding barely to Read More
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
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
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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