Category: Market Recap
Market Recap Dec 16 2011
After Wednesday’s meltdown we told investors to watch for some short-term covering, which is exactly what happened on Thursday and Friday. The S&P 500 managed to close in positive territory on Thursday and Friday; however, despite the positive close in the last two days, the index ended the week down 2.83%, which indicates we could [...]
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Market Recap Dec 9 2011
The holiday trading season has begun and not surprisingly we are starting to see volume drop and market movements calm down. Because equity markets were relatively quiet we figured we would start with oil futures. Again there is not much to report as prices continue to consolidate. As we pointed out in the last recap, [...]
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