Today’s gains have pushed the Dow Industrials to a new 52-week high.  At these levels, the Dow has soared 60% and the S&P has surged 64% from their March closing lows.   Read More

As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks.     Read More

On Friday, July 24th, the S&P 500’s 100-day moving average overtook its 200-day moving average, an event known to Wall Street technicians as a Golden Cross (a shorter-term average crossing a longer-term one, from below to above).  A month ago, we saw another Golden Cross, when the 50-day average moved above the 200-day average.   Read More

On a week where the US markets continued to stall with all major indexes negative for the week with quadruple witching, bank regulation, a sell off in energy, the markets await the Fed meeting next week closing mixed for the day on Friday.   Read More

On a week where oil topped $73 per barrel for the first time in 8 months before receding on Friday, treasury auctions moved the equity market, and GM and Citi were replaced in the Dow, the markets are flat to positive on the week, but the Dow manages to go positive year-to-date.   Read More