Greek Bailout; Apple Earnings

Posted January 22, 2012 17:18 This past week, the market rallied all the way through Friday on hopes of a Greek bailout. The optimism on Wall Street could quickly turn to pessimism if the Greek deal doesn’t get done. If the Greek deal is accomplished, and there are no...

The Effect of the European Downgrades

Posted January 15, 2012 16:28 This past week, the market had to digest multiple news reports. On Thursday it was the jobless claims that came in at 399,000. This was a bearish report for the market because it brings us to the key psychological level of 400,000. On...

First Trading Week of the New Year 2012

Posted January 7, 2012 1:11 This was the first trading week of the New Year. The market performed exceptionally well, with the NASDAQ achieving its biggest weekly gain in over a month. The main piece of economic news was the U.S jobs data. The numbers were...