Daily Market Commentary

3/07/13

Stocks advanced again as the bulls remain in charge. The Dow gained another 42-points while the bears can only watch.
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03/06/13

New all-time highs in the Dow had the media falling all over themselves yesterday, after weeks of talking about it. The good news is, it's out of the way and and investors can stop focusing on it and get back to real analysis.
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03/05/13

After a weak open on Monday, the bulls stepped up again taking the indices into positive territory, and held those gains into the close. The Dow ended the day up 38-points. The Transports led on the upside while small caps lagged.
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3/04/13

After opening the down over 100-points on Friday, stocks reversed direction and closed in positive territory (Dow +35) and created a positive reversal day after Thursday's negative reversal day. That is a short-term bullish formation, but the increased volatility near the overhead resistance should be a warning sign.
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3/01/13

A strong mid-afternoon rally in the stock market fell apart by the close producing a negative reversal day. The Dow was within just a few points of a new all-time high yesterday when someone pulled the plug and the Dow ended the day down 21-points.
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