by Michael Vodicka | Nov 20, 2011 | All Updates, Weekly Update
It was nothing but another action packed week of Euro zone madness, with stocks falling into the red as investors continue to fret over rising bond yields. For the week, the Dow fell 3% while the S&P 500 and NASDAQ both shed close to 4%. I am starting to wonder...
by Michael Vodicka | Nov 13, 2011 | All Updates, Weekly Update
It was a tale of two markets this week, with stocks falling sharply early in the week before the resignation of Italian Prime Minister Silvio Berlusconi sent the averages rallying into the weekend. The Dow, S&P 500 and NASDAQ all finished marginally in the green...
by Michael Vodicka | Nov 6, 2011 | All Updates, Weekly Update
Just when you thought the Euro zone story couldn’t get any weirder, it did. After agreeing to bailout terms from the European Union and EFSF (European Financial Stability Facility) last week that set off a huge rally in stocks, Greek Prime Minister George Papandreou...
by Michael Vodicka | Oct 30, 2011 | All Updates, Weekly Update
For as bad a month as September was, October is turning out to be even better. With a huge rally hitting the market on Thursday on news of a comprehensive financial package for the Euro zone, stocks logged their 4th consecutive winning week and lifted 2011 to the best...
by Michael Vodicka | Oct 23, 2011 | All Updates, Weekly Update
Stocks blasted higher on Friday to put the finishing touches on another winning week as better than expected economic data, strong earnings and optimism for the Euro zone lifted the mood. For the week, the Dow and S&P500 both gained more than 1% for their third...
by Michael Vodicka | Oct 16, 2011 | All Updates, S&P 500 Stocks, Weekly Update
October kept up its winning ways, with stocks posting their second consecutive weekly gain on Q3 earnings and more optimism for the Euro zone. There were two main factors driving the action on the Street this week. The first was the Euro zone, where France and Germany...