Last summer the big question in the markets was whether or not the European Central Bank (ECB) would print large quantities of money in an effort to cap rising bond yields in Europe. Between July 6 and... Read »

Overseas Headlines continue to control this market as seems the foot that keeps kicking this can down the road is getting a bit fractured. Whereas before Europe was slogging through the mud, now they are... Read »

The leading steel stocks have really struggled to catch a bid higher since mid-March 2012. Today, is really no exception for the important sector as most of the leading steel stocks continue to trade lower.... Read »

Markets never want to give the “easy” set-up. Most traders were hoping for a gap down to buy, and some for a gap down to cover remaining shorts. We closed below the 1340 level in the S&P yesterday,... Read »

One of the worst performing industry groups in 2012 has been the coal sector. This sector remains in a confirmed downtrend at this time by trading well below the important daily chart 50, and 200 moving... Read »

This morning, all of the leading home-builder stocks are showing some early strength despite the over-all stock market weakness. This industry group is displaying good intra-day relative strength and could... Read »

China is rapidly become one of the top travel markets in the world for both domestic and international travelers. To deal with the increased travel, China has been steadily building its road, rail, and... Read »

The prices of gold and other precious metals are in correction and therefore gold and other precious metal stocks are in correction. I think it’s particularly important for stock market speculators to... Read »

This morning, all of the leading financial stocks are catching a bid higher. This is the first real bounce for the important sector in about a week. The most important financial stock in the market is... Read »

The market extended its losing streak to six consecutive days, but once again the damage could have been much worse considering where the session opened. S&P futures were down more than 10 handles... Read »