SH @ the bell 9/12/2011: Beware of “fair” valuations and “safe havens”
As the market has tried to recover from the brutal month that was August it keeps getting knocked down by Euro zone worries. And when the domestic data here at home comes in at recession like levels it is only … Continue reading
Stockhaven @ the bell 7/26/2011
With President Obama and Speaker Boehner both making their claims to the American people last night on why their versions of the debt deal is the right one, it will be interesting to see how the markets react. While one’s … Continue reading
Stockhaven @ the bell 7/12/2011
Sovereign debt issues in Europe continue to dominate the headlines as fresh worries over the fiscal health of Italy rattled the markets Monday. What’s more, concerns domestically with our own debt issues has also been gaining more attention lately and … 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