Market Takes a Breath

U.S. stocks closed higher, with the Dow and S&P rebounding from their biggest losses of the year, as a last-minute diplomatic scramble got under way to keep Greece from defaulting on its debt payments. Eight sectors finished the month in negative territory.  The Semiconductor Index lost 8.7% in June. All of this financial turbulence overseas […]

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All Red

Well, today was fun. U.S. stocks tumbled today, wiping out gains for the year, as a worsening in Greece’s debt crisis jolted global markets and pushed the country closer to an exit from the eurozone. Here is a breakdown of the market by sector today. As you can see, they threw the baby out with […]

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Bull Bear Debate

We are at that time again where the bears are saying that we are ready to rollover because we cant make definitive new highs, and the bulls will argue that the market is just consolidating before the next move up. I am in the camp of the latter and think we may start moving higher […]

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Bulls Still Hungry & A Special Offer

Stocks advanced Monday, propelling the Nasdaq to a record close, lifted by gains in biotech and financial shares as well as optimism that Greece will eventually reach a bailout deal with its shylocks. The Dow rose 103.83 points, or 0.6%, to 18119.78. The S&P added 12.86 points, or 0.6%, to 2122.85. The magnitude of market […]

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Non Eventful

Stocks ended slightly higher Wednesday after the Federal Reserve signaled that interest rates could increase more slowly than officials had expected.  The market was all over the place today, but when it was all said and done the SPX. closed about  3 handles higher than where it opened. The forecasts released by the Fed on […]

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