Does one down week indicate the start of some corrective phase in the market? This is the question most investors and market gurus are pondering along with their Kielbasas and beer. The string of four up weeks on the major averages ended with a soft thud. The Fed has indicated they are leaning more towards an ending of the present stimulus possib...

Lotto fever is over. We didn’t win. Now we go back to trying to figure out where this market is heading and why. The market rally has been strong and unwavering and as each detractor has fallen by the wayside, more people believe in the strength and breadth of this particular bull-market. We have been in the bullish camp for some time but we ...

We witnessed yet another new high in both the Dow and the S&P 500 and people still don’t believe this rally has legs. This is the bull market no one loves for sure but it’s more than that. We have legitimate reasons why the market should not have this extended rally. The slowdown in China, European unease, stubbornly high US unemployment and...

While this earning season has been surprising nearly everyone, including us. A couple of points of caution should be noted. One; Over 69% of the companies in the S&P 500 have beaten their earnings estimates, these numbers aren’t surprising. Most companies after the fourth quarter reduced earnings expectations yet again and they really are beati...

The past week once again solidified our belief that we will maintain a certain trading range going through this earnings season. There have been some surprises to the upside and overall so far, earnings have held up a little better than expected. We don’t see that changing for the next two weeks so the market has found its trading level. We se...