Investors dumped equities late last week ahead of the weekend – largely due to the tenuous situation with Greece’s debt and the associated fall in the euro (and a commensurate rise in the dollar). But I also think there was a flight-to-safety ahead of the 9/11 anniversary, especially among Wall Street traders given the terror threats and heavy security in NYC.

Volatile Market Might be Pounding Out a Bottom

Editor’s Note:  David Brown is on vacation.  Scott Martindale, Sabrient’s senior managing director, is this week’s guest editor.   Scott handles institutional sales & marketing for Sabrient. He also writes the weekly Sector Detector and manages the virtual Select Opportunity Portfolio.

Last week, the stock market gave us epic swings. Bears came out with predictions of global economic meltdown as the market tanked, and then bulls came out trumpeting once-in-a-generation valuations when the market bounced.

Google Scares the Bears Away -- Now What?

By David Brown, Chief Market Strategist, Sabrient Systems

After one of the most volatile weeks in market history, Google (GOOG) single-handedly frightened the bears away this morning with its $12.5 billion purchase of Motorola Mobility (MMI).