Have you noticed that there hasn’t been much new to say about the stock market and its drivers lately? Bears are weary from calling tops that don’t follow through, and bulls are hesitant to inject more cash until they have a more inspiring catalyst. So, we’re pretty much left to wonder whether the overworked mantra “Sell in May and go away” will be a self-fulfilling prophecy…or a contrarian catalyst for the bulls to get busy again. Read more about Sector Detector: Strong earnings balances global worries

smartindale / Tag: AAPL, AH, ALR, AZPN, COL, CRBC, DFS, ETF, GMCR, ICON, IDU, INOD, iShares, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, MGLN, NFLX, PRXL, sectors, SIX, SPY, VIX, VMW / 0 Comments

Walmart-Gate, Dutch-Gate, Netflix-Gate, Exit-Gate!

This could be the “exit gate” but probably not.  Over the weekend, the New York Times released a blockbuster story about Walmart’s (WMT) alleged massive cover-up of serious violations of the U.S. Foreign Corrupt Practices Act involving more than $24 million dollars in bribes to accelerate store openings and bypass permit and zoning practices.  The stock was down 4.55% today, at $59.54. Read more about What the Market Wants: Walmart-Gate

david / Tag: ATU, EWP, HUM, IEV, NFLX, POL, RLJ, S&P 500, SPY, VGK, WMT / 0 Comments

U.S. stocks are raring to rally. Earnings reports have been quite good. Consumers are spending despite stubbornly high unemployment. Interest rates are at rock bottom, which is good for borrowing and also makes stock yields relatively attractive. So what’s the problem? Oh, just the usual—fear of a European debt meltdown triggering a global recession. Read more about Sector Detector: Financials and Materials take the heat

smartindale / Tag: CTCT, ETF, GMCR, IBM, IDU, ISRG, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, long/short, NFLX, sector-rotation, sectors, SPPI, SWI / 0 Comments

Likely Greek Default Worries Market

By David Brown, Chief Market Strategist, Sabrient Systems

After last week’s stellar performance, the markets dropped into negative territory today, as investors realized that Greece might actually be allowed to default. Read more about What The Market Wants: Likely Greek Default Worries Market

david / Tag: BBY, CMCSA, ETN, FXE, IYF, NFLX, ORLY, RIMM, UNH, V, VGK, VXX / 0 Comments

Fear Factor Up . . . So is the Market Despite Mid-East Turmoil

by David Brown, Chief Market Strategist, Sabrient Systems

The market shrugged off the serious instability in the Middle East today, after tanking on those fears on Friday. The Dow, the Nasdaq, and the S&P 500 were all up, with the S&P 500 up the most, +0.77%. Read more about What the Market Wants: Fear Factor Up . . . So is the Market Despite Mid-East Turmoil

david / Tag: AMZN, AVT, AVX VLO, AXP, CAT, DD, F, NFLX, ROC, VIX, VXX / 0 Comments

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