Note from Editor:

The market continues to dwell in a zone of consolidation in a virtual tug-of-war between the bulls & bears. Bears think the market needs to prove itself by testing key support levels and working off its overbought technical indicators.

Stocks Buffeted by Macro Forces

by David Brown, Chief Market Strategist, Sabrient Systems

What does the market want, anyway? I know that's the name of this newsletter, but it's not an easy question to answer in recent months, and especially in the last couple of weeks.

Last week ended with a thud as concerns about the Financial industry's foreclosure processes put a damper on the party that Google was trying to throw for everyone.

Fed Walks Fine Line Between the Short-Term & Long-Term

by David Brown, Chief Market Strategist, Sabrient Systems

The market continues to defy gravity, and every small attempt by the bears to push it down – even in this moderate-volume trading environment – is swatted aside like a pesky mosquito and limited to one-day non-events. And now the market has its sights set on new 2010 highs, and it might just get there before some much needed profit-taking and support-testing sets in.

Big Earnings Week Starts Off Slowly

by David Brown, Chief Market Strategist, Sabrient Systems

The market continues to try to suck in bears who are itching to short a rally that is long on optimism but short on volume and fundamental underpinnings. But each time it appears that a correction of significance is ready to start, a bid arrives with the slimmest of justification to sends the market to new heights. Despite market exuberance, my own technical analysis of the charts and Sabrient’s SectorCast-ETF fundamentals-based quantitative ranking of the ten U.S. sector iShares are both telling me that there is still much to worry about.

Nervous Market Begins New Quarter

by David Brown, Chief Market Strategist, Sabrient Systems