Retail Concerns

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Is the market losing steam after the recent run? The market will turn its attention on the holiday sales, Black-Friday, and Cyber Monday. However, lurking behind the excitement and expectations of the holidays will be the Federal Reserve and rate hike expectations at the last FOMC meeting of the year on December 15-16th. Retail Concerns? Read more…

Fed Minutes Amendments

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The market continues to flirts with new highs, but unable to charge into a break-out rally. The Fed minutes were more proof the Fed will NOT be raising rates, yet many read something completely differently out of it (I am not sure how). Greece continues to be a European headache, while we get weekly jobless Read more…

Walmart Earnings

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The market seems to have found the support area and seems to be getting a decent bounce if we look at the Dow Jones, S&P 500, and the NDX. However, when we look at the Russell index it seems to have been having difficulty getting above that 1150 area. Unless we can get the Russell Read more…

Earnings and Mergers

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We saw some intraday volatility yesterday as the market continues to push and test these resistance levels. No doubt the economic data as well as earnings is also playing a role in the volatility, of course we also have some international political volatility with some terror threats as well as the outbreaks in Kiev, which Read more…

Its all about the Margins!

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The market is making runs up to resistance points and just coming off. It seems like in the morning we attempt to make a run that will break-through, but by the late session the buyers start to fade off. Perhaps this is a lull heading into the anticipation of Black Friday sales. Speaking of holiday Read more…

Volatility – Yellen, Earnings, Economics

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Yellen confirmation, some economic data, and a couple of late earnings could equate to a little market excitement. While most of the earnings are already out this quarter, a few big names left to report could inject some volatility. Yellen’s confirmation hearing will surely elicit some questions and set the tone as to when and Read more…

Economic Data – CPI and Jobless Claims

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The market continues to slide and is having difficulty holding onto those supports. The economic data and some late earnings reports show a softer economy than what many have predicted. What seems strange is that the 10-year yield continues to move slightly higher (up to 2.78%), as the economic data shows the stars may not Read more…

Earnings (CSCO / WMT)

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The rally continues and the talk in financial circles related to some key points that David Tepper mentioned yesterday. Maybe the best way to sum up his analysis is to say; “The market will go up, by hook or by crook!” Temper’s view (correctly I might add) is that if the economic data is not Read more…