Stockhaven @ the bell 8/12/2011: Bernanke the string puller
When Ben Bernanke and the FOMC announced on Tuesday that they would be keeping interest rates at record low levels until 2013 he forced investors to reevaluate their market strategy. Upon the announcement, treasury rates plunged as investors took the … Continue reading
Stockhaven @ the close 8/11/2011: And the answer is…. BOUNCE
This morning we raised the question whether or not the markets were going to bounce, the answer was a resounding yes. After markets in Europe stabilized and turned green this morning our markets followed suit and exploded higher out of … Continue reading
Stockhaven @ the bell 6/15/2011
After an impressive session Tuesday everyone wants to know if this bounce has something to it, or if it is just a one hit wonder so to say. While no one can argue with the bullish price action Tuesday, the … Continue reading
Stockhaven @ the bell 6/3/2011
There’s no way around it, Friday is all about the unemployment report. The unique timing about this jobs report is what makes it so important. With QE2 scheduled to come to an end this month, we suspect traders will not … Continue reading
Stockhaven @ the bell 6/01/2011
Traders will be watching to see if the market can sustain the momentum it built on Tuesday on the heels of another rescue package for ailing Greece. Keep your eyes on the U.S. dollar index also, the index’s recent 4 … Continue reading