Dead Cat Bounce?

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It’s quarter-end and as we head into this last day of the quarter we are in a quagmire of Fed policy uncertainty, which has driven volatility into the market. Yesterday the number three man at the Federal Reserve, NY Fed President Dudley, pretty much said that QE is here to stay and that they may Read more…

Fed’s Dual Mandate?

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The market is getting some good follow through off this bounce and is getting closer and closer to that previous support level, which is now resistance. The question is, when we get there, do we break-through and move higher, or is there enough selling pressure to push us back down? Putting together a picture of Read more…

Final GDP Revision

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The market made a good bounce yesterday and we could very well get a follow through today; however, I think we will quickly hit up against new resistance levels. These new resistance levels are created from previous support levels and that means we could see some selling pressure if we get there, as many look Read more…

Durable Goods and Case-Shiller

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Are you ready for a bounce? That’s right; we could get a bounce as early as this week in the equity markets. We have been in an economic data vacuum since Bernanke and the Fed stole the headlines with their “taper talk”. This week we have some economic data that could inject more insight as to Read more…

Gold Prices

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How quickly the market and mood can change. Only a couple of short weeks ago it seemed inevitable that the market would keep going up, yet some tone changes from the Federal Reserve have quickly altered that course. With some weaker economic data out of China, coupled with sovereign debt concerns out of Europe rising Read more…

Market Volatility

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The global market sell-off seemed to go into overdrive yesterday, but I also mentioned that I think that it could be a little over-done on the stock and commodity side. The bond market and the Federal Reserve are driving this market action. Remember, the market is front-running (or anticipating) the higher possibility (if economic growth Read more…

Fed Tapering, again?

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Yesterday fared with a big Bernanke disappointment. I expected some volatility. If Bernanke had sold confidence and squashed the taper concerns, the market could have rallied 200 points which could have led to a melt up. On the other hand, if he were unable to give clarity and remained vague, the market could have sold Read more…

QE Infinity

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It all comes down to today. At 2 pm ET we will get some idea of what to expect from the Federal Reserve; primarily the if, when, and how much they may “taper”. Bernanke will not only address Federal Reserve monetary and asset purchases, but we may hear something about his plans for retirement. President Read more…

Bernanke’s Retirement

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It’s all about the Federal Reserve and Ben Bernanke. In all my years I have never experienced a time in which the entire market was so deeply connected and dependent on the Federal Reserve. The market rallied as QE3 (infinite in scope of time and money) was launched, with a few political headaches along the Read more…

Empire State Index and Netflix News

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The geo-political activity has been garnering some headlines, but has not generated any market volatility to date. I believe all eyes are on Bernanke this week with him possibly setting the record straight as to the whole taper temper ordeal that recently sent the market into a volatile spin. There is some economic data, as Read more…

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