Saturday, November 18th, 2017

There was a rally on Monday and the marker rested on Tuesday and today the market gaps open heavily on the upside. All the stocks gap up likewise. Its a work of professionals. They are jockeying this beast to heavens, Last week it was being pummeled to death and this week everything is hunky dory? […]

WOW! Are we back in the saddle again? Not so fast. There will be time we will, ride those wild wild horses, they couldn’t drag me away. That was a line I stole from Rolling Stone’s song and distorted it. Actually butchered it. The market crashed last week and it looked like the world will […]

Its been rough this last week in trading stocks or equities. For seven straight sessions the market has gone down. SPX has plunged from 1260 to 1158 just about 100 points in a week. That is an extreme and shakes up weak hands, people give up and sell and take a loss. But what it […]

The Super committee entrusted to cut debt spending 1.2 Trillion dollars has failed. Its deadlocked as expected and we are back where we were in August. Stocks have taken a cue in the past and will go down for few more days. Market does not like this kind uncertainty on top of European debt woes […]

This nice rally in October made the case for further upside to the market. The debt crisis in Europe seemed to end with 17 member Eurozone coming to the rescue with a $1.4 billion in aid package and giving a helping hand to Greece to avoid a disastrous situation. But the Greek’s Prime Minister shocked […]