You must live in the present, launch yourself on every wave, find your eternity in each moment. -- Henry David Thoreau

Well, that party didn’t last long, and the hangover was on the nasty side.

Wall Street had a few days to entertain a little early-week exuberance as a couple of Fed-centric news cycles spurred the equity market towards yet another round of record highs. That exuberance, however, was severely “tapered” when a conflicting message from another Fed officer sent the market reeling towards steep losses, cutting into its midweek gains.

Try not to become a man of success, but rather try to become a man of value.” -- Albert Einstein

Ben Bernanke is back for yet another close-up this week, and in spite of a certain degree of dissent amongst the Fed ranks, chances are better than even-money that the press conference that follows this week’s gathering of the Federal Open Market Committee Meeting (FOMC) will find Big Ben indicating that the super low interest rates, strong stimulus tack will remain in place.

daniel / Tag: SPX, DJIA, COMP, PSCT, SOXX, FDN, TECL, IGV, SMH, FXL, QTEC, Technology sector, FED, FOMC, BERNANKE / 0 Comments

If you want to conquer fear, don't sit home and think about it. Go out and get busy.” -- Dale Carnegie

Wall Street has been locked into a sideways trend for the last month or so, see-sawing between January’s predominately bullish momentum and a newfound wave of investor indecisiveness, something that was mostly absent the first four weeks of the year to date.

Is Ben Bernanke about to change all that? And if so, which side of the fulcrum will he tilt the market towards?

daniel / Tag: DJIA, SPX, SOXX, FDN, SMH, FXL, IGV, QTEC, IGN, Technology sector, BERNANKE, FED, FOMC, Eurozone, Federal Reserve Bank / 0 Comments

“The fear of death follows from the fear of life. A man who lives fully is prepared to die at any time. -- Mark Twain

daniel / Tag: BERNANKE, COMP Eurozone, DJIA, FED, FOMC, SPX / 0 Comments

ETF Periscope: Wall Street Not Ready to Kick the Volatility Habit Any Time Soon

“When written in Chinese, the word "crisis" is composed of two characters. One represents danger and the other represents opportunity.”  --  John F. Kennedy

Is a September swoon in the cards? It all depends on how Wall Street plays its next hand, which just may have one too many jokers in it.

daniel / Tag: BAC, Bank of America, BERNANKE, C, Citigroup DJIA, ETF, FAS, FED, FHFA, FOMC, Goldman Sachs, GS, IYH, JP Morgan, JPM, SPX / 0 Comments

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

by David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: AAPL, AFL, BERNANKE, C, FOMC, GOOG, IBM, INTC, KG, LZ, MYGN, PFE, SPX, TPCG, VIX / 0 Comments