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Stockhaven @ the close 6/27/2011

As fears of a Greek default continued to subdue, the markets used a positive reading on manufacturing via the Chicago Fed manufacturing index as an excuse to do some bargain hunting, sending the major indexes higher by healthy margins. There … Continue reading

Stockhaven @ the bell 5/27/2011

With no shortage of U.S. economic data out today, traders will get more insight into what the market is thinking. Traders should pay especially close to the 1,328 level on the S&P500, that was the high for the day Thursday. … Continue reading

Stockhaven @ the close 5/26/2011

Well, similar to yesterday the bad news got bought as the markets shrugged off disappointing data on jobless claims and GDP. We think this is further evidence of both a technical rally in a short-term oversold market, as well as … Continue reading

Stockhaven @ the close 5/9/2011

With oil and silver bouncing strongly today after getting massacred last week the markets found themselves on solid footing shaking off more European debt worries. The two commodities seem to be leading the market in either direction recently, and traders … Continue reading

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