The Effect of the European Downgrades

by | Jan 15, 2012 | Blog, Finance & Economics

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

by | Jan 7, 2012 | Blog, Finance & Economics

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...