EOT Update
EOT Position Update – June 27, 2012
June 27, 2012 Market Snapshot The saga continues. Something out of the Twilight Zone no less. Today the markets are in the midst of a two day recovery after a pretty large drop on Monday. In fact, we saw the S&P 500 retest the 1,310 support level on Monday. The good news is that this […]
EOT Position Update – June 20, 2012
June 20, 2012 Market Snapshot Yesterday showed another bullish day as the market continued to push higher. If you haven’t seen, this push upward really started last Thursday. And each little move upward has been accompanied by a small amount of news out of Europe. It first started with optimism of elected officials in Greece. […]
EOT Position Update – June 13, 2012
June 13, 2012 Market Snapshot One quirk of this market has been its nasty tendency to pull back violently after hopeful rallies. And now… same market indecision, different week. We had bad news out of Europe last weekend and into Monday’s trading. This was due to the fact of continued worries of global weakness. As […]
EOT Position Update – June 6, 2012
June 6, 2012 Market Snapshot Wow! A positive day yesterday. And another today! The markets finally closed positive yesterday on a slightly better than expected ISM services number. But let’s not go jumping the gun just yet. My point is… There’s two things I didn’t like about today’s rally. First, the main driver behind today’s […]
EOT Position Update – May 30, 2012
May 30, 2012 Market Snapshot The markets pushed higher yesterday fueled by European sentiment once again. For weeks now, it’s no secret that I’ve been very cautious on the market. My current recommendations include options that are related to global uncertainty stocks or large cap bellwether stocks. And it’s been working out great! So now […]
EOT Position Update – May 23, 2012
May 23, 2012 Market Snapshot This market has been nothing short of erratic. These days I’m rarely surprised by market movement. However, I am surprised at the repeated negative behavior that has existed over this short time frame. Twelve of the last fourteen days, the S&P has been in the red and that occurrence has […]
EOT Position Update – May 16, 2012
May 16, 2012 Market Snapshot The market has been caught in an ugly downtrend for a couple weeks. However, the market action today really had a bear market feel to it. We’re certainly oversold and ripe for a bounce, but after two brief attempts, we rolled over hard and broke to a new low. So, […]
EOT Position Update – May 9, 2012
May 9, 2012 Market Snapshot There is certainly fear in the air. It is so intense it’s producing a mini washout. And, although the market has managed to mount a decent rally in each of the last few trading sessions, all of the major sectors continue to close negative. The big question we must consider […]
EOT Position Update – May 2, 2012
May 2, 2012 Market Snapshot There’s no doubt, the first day in May seemed to be positive… but was it? Watching the sentiment, I can’t help but wonder how much of the action today was computer-driven rather than real buying. Of course, some will say it’s all computer-driven these days, so it doesn’t really matter. […]
EOT Position Update – April 25, 2012
April 25, 2012 Market Snapshot Back and forth the markets go. One day it starts positive and closes negative. The next day it starts negative and closes positive. Yesterday… the market went up, then came down before ending in the middle of the day’s range. That’ll drive anyone crazy! Now, with more than 50% of […]
