-
Market Wrap For Friday, August 23: Market Rally Is No Fallacy
Friday, August 23, 2013 - 4:18pm | 740Read More...Despite weak economic data, markets rallied this afternoon pushing the major indexes (except the Dow) positive for the week. Major Averages The Dow Jones Industrial Average fell a gained 46.62 points, or 0.31 percent, to 15,010.36. The S&P 500 gained around 6.51 points, or 0.39 percent...
-
Indecision before Jackson Hole
Monday, August 22, 2011 - 9:27pm | 89Read More...The bulls squandered a strong open and trended lower all day, even breadth finished negative. Gold and silver were the big winners once again. We certainly have lots of gloom and negativity, so it won't take much for an oversold bounce/short squeeze to kick in, but do we need to break lower first...


