Weekend Review: July 20 – 26, 2009

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The SPY finally traded above that 95 level this week.  In fact, it traded above that level for most of the week.  With earnings surprises to the upside from most S&P companies, it’s understandable as to why.  Even in the face of tech heavy weights MSFT and AMZN selling off on initial earnings results, we managed to hold a bid … Read More

Weekend Review: July 6-July 12, 2009

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A very bearish tone in the market this week, as the SPY has been trading around the ever so important 88 level.  Wednesday morning looked as if the market was ready to crack, but we rallied into the close as the bulls came in to provide some support.  With negative reactions to all economic numbers as a whole, we will … Read More

The Week That Was: June 1 – 7, 2009

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The SPY traded in a pretty tight range this week, not trading much below 93 or above 95.50.  Again, we were looking for that catalyst to push us one way or the other, and I thought we were going to get it Friday morning with the much better than expected non-farm payroll number.  We’ll see this week if Friday’s weakness … Read More