SH @ the bell 2/22/12: QQQ & XLF flash warnings
So far in 2012 the best performing sectors are technology and financials. One could cite many potential reasons why these 2 sectors have led the market higher but that’s not our intention. We don’t believe anyone ever knows why, we … Continue reading
SH @ the bell 1/4/2012: Some “higher highs” attained, others not yet so
With yesterday’s rally a number of key indicators we follow were able to close above their December highs. This was key in breaking a string of “lower highs” on some of these indicators that had them mired in a downtrend … Continue reading
SH @ the close 12/27/2011: Markets finish flat in sleepy session
Stocks traded like you would expect them too coming off the Christmas holiday, flat and not much volume. The flat closes across the indexes don’t tell the whole story though. Gold, silver, and copper all suffered solid declines of about … Continue reading
SH @ the bell 9/15/2011: U.S. data to be back in focus
While all eyes have been on Europe the last few days, and rightfully so, we expect the markets to turn their attention back to economic data here at home as several reports are slated to hit the street. Among them … Continue reading
SH @ the close 8/29/2011: SPX closes at highest level since August 3rd
Markets continued to melt higher today, following gains in Europe and celebrating a better than expected report on personal spending. The Commerce Department said consumer spending rose by 0.8% in July — besting economists expectations for a 0.4% increase and … Continue reading