"If you simply try to tell the truth you will, nine times out of ten, be original without ever having noticed it." -- C.S. Lewis

Another week, another victory lap for the Bulls.

Anyone notice a pattern here? Technically speaking, at least, that pattern is a solid uptrend, with nary an imminent level of resistance close to the horizon. Read more about ETF Periscope: Bulls Roar Could Turn Hoarse in the Coming Weeks

daniel / Tag: DJIA, COMP, SPX, KIE, FXO, IYF, XLF, VFH, PSP, M, WMT, financial sector, consumer sentiment, Retail Sector, Eurozone, China, Syria / 0 Comments

The market enthusiasm generated by the positive employment report on Friday carried over to today.  The rally in Technology stocks continued from last week, but Financials did even better.  With the Nikkei and FTSE both closed, the off-shore action ended slightly more positive than negative.  We had no domestic reports today in what will be a quiet week of economic news with only Thursday’s Initial Jobless Claims and Wholesale Inventories Reports, followi Read more about What the Market Wants: Risk Remains On

david / Tag: AGCO, M, STX, EPL / 0 Comments

This week began on the same negative tone that last week ended on. There were no economic reports today, but an unexpected European problem surfaced as the Constitutional Court in Portugal ruled out a number of austerity measures that the Portuguese administration had implemented, pursuant to the requirements of the ECC, IMF and EC.  This creates a dilemma for both Portugal and the troika.  Read more about What the Market Wants: What Will First Quarter Earnings Bring

david / Tag: ZAGG, M, UTHR / 0 Comments