The market is having a hard time making up its mind whether it is topping or resting. If you follow Doug Kass (@Dougkass) he will tell you that it is both – at least as far as I can tell from his hourly unjulation on either side of the argument.
Notice...
The problems in Europe are popping up again. The yield on Spanish bonds spiked and there is a general sense that the region is just about guaranteed to enter a recession, if it hasn’t already. Markets in Europe were hit hard and the Euro was off by another 0.75% to...
The breakdown from the recent high on the S&P 500 has been rather slow and graceful. That is often seen as a good way to breakdown as there is a steady build of volume through time. In other words, it creates a solid area of support when (if) price can...
TriggerPoint Research memberships have been growing steadily and we are very excited about producing quality and timely ALERTS!. Over the last two weeks we had fewer ALERTS! than the prior period. This was partly due to the fact that market dynamics have been slowly changing. Despite this however, there were...
The ISM manufacturing Index released earlier in the week tell a somewhat different story than the reports that we had seen most recently. While many of the regions are doing okay, they are not lighting the world on fire. Yet, they are still (as the FED would say) expanding, on...
