Category: The Markets

THE MARKETS

Look to Credit, Not Stocks For Signs of a Bottom

Yesterday’s action was positive, but we’re not out of the woods by any stretch. Stocks roared higher with the Dow closing up 11% for its largest single day gain since…

THE MARKETS

Dead Cat Bounce… Then December Lows?

The stock market is primed for a bounce. Bears had their chance to take out support yesterday and failed. Stocks held the most important line (red line below), suggesting it’s…

THE MARKETS

Is This the Big Picture For Stocks?

The Fed is sending out its shills this morning. The markets were hoping for a rate cut or some kind of monetary easing from the Fed on Wednesday. The Fed…