Before the Open (Mar 11)

Good morning. Happy Thursday.

The Asian/Pacific markets closed mixed (all gains and losses were less than 1%). Europe is currently down across the board (there are no 1% movers). Futures here in the States point towards a small gap down open. Read more..

Before the Open (Mar 10)

Good morning. Happy Wednesday.

The Asian/Pacific markets closed mostly up, but gains were small. Europe is currently up across the board, but gains are small there too. Futures here in the States are flat. Read more..

Newspaper Stocks are in Consolidation Mode

This is my third report covering the technical aspects of the newspaper group.

It’s said a picture is worth 1000 words. Well on Wall St. a chart is said to be the sum total of all the thoughts, feelings, emotions and opinions about a company and that the chart is always right. Read more..

Before the Open (Mar 9)

Good morning. Happy Tuesday.

After yesterday’s slow, narrow-ranged day, anything goes today. On a short term basis, my bias is neutral. Heading into this week, the S&P had moved up 6 consecutive days and 11 of the previous 14. I was looking for a day or two off but could also make the case for a blow-off top. Read more..

Before the Open (Mar 8)

Good morning. Happy Monday. Hope you had a nice weekend.

The Asian/Pacific markets closed up across the board – there were several 1% winners. Europe isn’t fairing as well, but it’s still mostly up. Futures here in the States point towards a small gap up open for the cash market. Read more..

Earnings (Mar 8-12)

Next week’s economic reports… Read more..

Earnings (Mar 8-12)

Next week’s earnings reports… Read more..

Before the Open (Mar 5)

Good morning. Happy Friday.

Employment numbers are out. Here they are: Read more..

Before the Open (Mar 4)

Good morning. Happy Thursday.

The Asian/Pacific markes closed mostly down; China lost more than 2%. Europe is currently mixed and mostly flat. Futures here in the States are flat.

Two consecutive days the market has been strong early and weak late. The market is up for the week, but most of the gains were registered on a single day (Monday). Read more..

Before the Open (Mar 3)

Good morning. Happy Wednesday.

The small caps continue to lead the market higher. Here’s the Russell 2000 daily. It’s the only index to have completely recaptured its Jan and early Feb losses. Read more..

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