Market Sentiment Watch: More yoyo action at the hands of public officials. Noise in my view. Yesterday we did a little buying after having been fairly quiet for roughly the last three weeks. Expect a combination of continued house cleaning in some stories that are more on the bubble and solidifying of positions where the stocks […]
Market Sentiment Watch: Market of the moment, moving with the whim of congress. This keeps our activity levels somewhat subdued as headlines swing in the morning from "Stocks Fall on Cliff Worries" with all news sources reflecting doom to "Stocks Rally on Cliff Hopes" by the afternoon. Silly action. Commodities largely took it on the […]
Market Sentiment Watch: Market ignoring strong echo data and back to focusing on Congress. Group has a pretty random walk feel to it. Yesterday we did a little more housecleaning and also added a trading position in a speculative name (see Holdings watch). In today's post please find the Catalyst List Part IV update. […]
Market Sentiment Watch: Troika reaches yet another Greek deal that reduces debt levels and allows financial aid to flow with the group commenting that they are satisfied with Greece's financial reforms to date. And the U.S. markets are yawning. Eyes turn back to domestic economy and the Cliff. Action very much a mixed bag at […]
Market Sentiment Watch: Biggest Black Friday ever offset by concerns over the potential for another Greek bailout and more fear of the fiscal cliff. Busy week on the economic front and we are looking for increased news flow from the group from now until year end. In today's post please find near term thoughts […]
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