Wow, what a way to kick off a new month.  After a very rough August, investors were determined to get September off to a good start.  They didn’t waste anytime as the market opened solidly higher and held on to its gains the entire session.  It was upbeat economic data from China and Australia ahead [...]

The Dow Jones Industrial Average was in big trouble last week until it rallied back above the psychologically important level on Friday.  The Dow fell for the third week in a row.  We were in oversold territory but the market rallied on news that wasn’t good but wasn’t as bad as it could have been.  [...]

A somewhat lackluster market was revived in the final hour as buyers and a flurry of short-covering rallied the Dow above the key 10,000 level by the close. Early this morning we were primed for another sell-off after a report that new home sales had plummeted to an all-time low in July.  Sales for the [...]

Today started off looking like the market was ready to give back yesterday’s gains but it steadily battled back and spent most of the session in positive territory.  It was an extremely boring session but it was encouraging that the market kept its gains from yesterday.  A good portion of the enthusiasm the past two [...]

Heading into this expiration week we find the Dow back to negative for 2010 after a rough week. Last week we heard the dreaded talk of a double-dip, corporate reports weren’t as impressive as when the earnings season started, employment remained weak and from overseas we got reports of stagnating economies. As a [...]