This could prove to be one the most interesting market weeks of the year, assuming the market ever opens.  Talk about uncertainty!  We can add “Frankenstorm” to the litany of other uncertainties such as the election and its impact on a functional Congress and the ongoing concerns in Europe, Middle East, China, and Japan.

david / Tag: ALL, MET, UTHR / 0 Comments

This could prove to be one the most interesting market weeks of the year, assuming the market ever opens.  Talk about uncertainty!  Add Frankenstorm to the litany of other uncertainties such as the election and its impact on a functional Congress, Europe, Middle East, China, and Japan.

david / Tag: / 0 Comments

"The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand.”—Sun Tzu

Don’t look now, but the Dow could easily end the year about where it started. All it will take is another few rounds of weaker-than-expected earnings reports to seal the deal, accompanied by a resultant move downward of about 7% for the Blue-Chip index.

daniel / Tag: DJIA, SPX, NASDAQ, APPL, AMZN / 0 Comments

Scott MartindaleWhoa, big fella. That’s what the newly vocal bears had to say to the overly aggressive bulls, as a slew of weak earnings reports put a damper on the party. Last week, it seemed that stocks were determined to rally even without traditional leadership from the Technology sector.

smartindale / Tag: ETF, sectors, iShares, VIX, SPY, MBT, PRE, CERN, VMW / 0 Comments

That’s been hard to figure lately.  Uncertainty has not eased.  Not in Europe.  Not in the Middle East. Not in China or Japan. Not in the U.S., with a dead-heat election battle and unknown future Congressional dynamics.  Companies overall continue to beat earnings, mostly, and miss on revenues.  Now there is a certainty: earnings cannot keep going up if revenues keep going down.

david / Tag: AFL, LCC, PG, DANA, YHOO, AAPL, GOOG, WDC, STX, CAT, MSFT, INTC, IBM / 0 Comments

“Human beings, who are almost unique in having the ability to learn from the experience of others, are also remarkable for their apparent disinclination to do so.” -- Douglas Adams

Last Friday’s sharp sell-off could easily be viewed as a result of the lack of commitment investors currently hold towards the equity market. The bad news is that sentiment might be amplified in the coming week if several factors play out towards the negative side of things.

daniel / Tag: DJIA, SPX, IYF, IYZ, COMP, AAPL, GOOG, EU, ECB / 0 Comments

Scott MartindaleFive years ago this month, the S&P 500 hit all-time high of 1576. It closed Wednesday at 1461. Can the market make a run at that all-time high? Well, the biggest threat at the moment to bullish sentiment is the Fiscal Cliff, but both presidential candidates have a plan for dealing with it, and Congress is unlikely to want to take the fall for defying the new President and sending the country back into recession.

smartindale / Tag: ETF, sectors, iShares, VIX, SPY, qqq, iyw, IYF, IYH, IYK, IYE, IYC, IYJ, IYM, IYZ, IDU, AAPL, GOOG, TRV, MA, QCOM, CVX, AA, YUM, WMT, BAC, C, JPM, INTC, IBM / 0 Comments

The coming week should reduce uncertainty, at least slightly, since we get a bevy of new economic data and 15% of the S&P 500 reports.  And maybe Spain will decide whether or not it needs help.  Furthermore, we will have the next-to-last Presidential debate tomorrow night. 

david / Tag: C, AXP, SLM, GOOG, MCD / 0 Comments

“It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.” -- Leonardo da Vinci

Wall Street may be about to reverse the uptrend that it has been riding for the last four months, as a combination of technical signals and earnings reports hold the potential to knock the equity market down a few notches.

daniel / Tag: DJIA, SPX, Eurozone, IMF, FED / 0 Comments

Scott MartindaleAs earnings season gets underway, it has become clear that there is a disconnect between the bull market in stocks and the ability of the companies behind those stocks to generate any revenue growth in a weak global economy. Although U.S. companies have shown eleven consecutive quarters of year-over-year earnings growth, Wall Street analysts have continued to slash forward earnings estimates, and indeed it is reflected in Sabrient’s SectorCast model.

smartindale / Tag: ETF, iShares, sectors, VIX, SPY, IYF, iyw, IYK, IYH, IYE, IYC, IYJ, IYZ, IDU, IYM, AAPL, GOOG, CVX, YUM, COST, WMT, AA, Y, MA / 0 Comments

It is quite clear that the market wants good reports from the earnings announcements that begin this week. We make that judgment based on Friday’s weak close, despite a solid week of some of best economic news of the year that culminated with the drop in unemployment to 7.8% from the expected 8.2%.

david / Tag: YUM, COST, JPM, WFC / 0 Comments

In our last article (September 8, 2012), we commented on the likelihood that the United States would follow the ECB in implementing a form of QE3, which in fact happened.  It happened with such a magnitude that many “experts” have given the impression that Fed Chairman Bernanke “better slow (his) Mustang down.” The argument for or against QE3 is best left for another day, but I believe it is safe to say that the re-opening of the printing machine will help prop the market up in the short term, allowing us to make safer additions to our Dark Horse Traders’ Hedge long positions.

sbrown / Tag: SLM, CTB / 0 Comments

The lack of money is the root of all evil.”—Mark Twain

Friday’s market action was more schizophrenic than usual, as traders and investors couldn’t decide if the unexpectedly upbeat unemployment report was enough to offset growing concerns about the new earnings season, slated to begin next week.

daniel / Tag: AA, VXX, VIX, Eurozone, China, QE3 / 0 Comments

Scott MartindaleWith all the recent central bank actions (e.g., the Fed’s unlimited QE3, the ECB’s Outright Monetary Transactions, and the Bank of Japan’s ongoing initiatives), the expectation of infinite liquidity is now baked into stock prices. So, further movement will have to come from new catalysts, like good old-fashioned earnings growth.

smartindale / Tag: ETF, sectors, iShares, SPY, AAPL, GOOG, MA, ANAT, CTSH, CERN, IYF, iyw, IYH, IYK, IYJ, IYE, IYC, IYM, IYZ, IDU, VIX / 0 Comments

Sabrient's chief market strategist, David Brown, was quoted in Myra P. Saefong's Market Snapshot article on Market Watch: Dow ends lower as focus shifts to earnings, Spain

"'Premarket bullishness' in equities, which had opened mostly higher, was 'likely due to expectations that Spain was ready to sign off on receiving bailout money as early as this weekend, but Spanish Prime Minister Mariano Rajoy denied that later in the day, reigniting investor concern about the region,' said David Brown, chief market strategist at Sabrient Systems. 'That state of uncertainty, of course, is exactly what the market hates.'"

walter / Tag: / 0 Comments

Given the market’s performance over the last month, we feel that investors should consider reducing the more speculative portions of their portfolio.

david / Tag: THC, MPC, HUM, CELG / 0 Comments

Options, when used effectively, can turn a non-dividend paying stock--often the case with small-caps—into one that pays you to hold onto shares. This strategy, known as the Buy-Write strategy, involves buying half the shares of a stock you’re willing to own, and writing, or selling, calls and puts against those shares.

walter / Tag: GBX, MIPS / 0 Comments

A child of five would understand this. Send someone to fetch a child of five.”—Groucho Marx

For a market that has spent a good portion of September exploring new highs for the year, there seems to be a lingering apprehension on Wall Street that October could see a return to increased volatility.

daniel / Tag: DJIA, SPX, NASDAQ, COMP, NORW, EWD, EWP Fed, Eurozone, ECB / 0 Comments