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Stock Market Pulls Off A Late-Session Rally

Tuesday, January 29th, 2008

In anticipation of another interest rate cut being announced by the FED tomorrow, the stock market pulled off another win.

After a period of selling into the strength at the market open, stock prices meandered back and forth until some late buying pushed the broad market up.
Yahoo announced poor earnings and more rough business conditions ahead - […]

Is the stock market in a downtrend, correction or bear market?

Monday, December 17th, 2007

As I mentioned in last Fridays weekend stock market commentary, it’s great to be in cash.
I’ll amend that today to say “It’s great to be short in today’s market”!
Today gave us the signal that I mentioned last week - I was waiting for the MACD to provide confirmation that we should change our posture to bearish.  That […]