Stockhaven @ the bell 7/19/2011
After surviving what has seemed to be a constant onslaught of negative headlines both at home and abroad, the markets enter the heart of earnings season in a position to test multi year highs. One might think, given all the … Continue reading
Stockhaven @ the close 7/18/2011
While politics, both at home and abroad, continue to dominate the financial headlines, the markets continue to hold above crucial support levels. We outlined the importance of the 1,295 – 1,305 range on SPX this morning, today SPX’s low of … Continue reading
Stockhaven @ the close 7/7/2011
Stocks stampeded higher out of the gates today on the heels of a better than expected report on the jobs front. Specifically, private payrolls rose by 157,000 in June, well surpassing economists expectations for an increase of 70,000. Adding fuel … Continue reading
Stockhaven @ the close 7/6/2011
Even a disappointing ISM services index report couldn’t keep the markets from edging higher as the Dow managed to close above the 12,600 level for the first time since May. Traders seemed to be relieved by the fact that the … Continue reading