Published:
Wednesday, January 9, 2013 1:15 PM PST
Good day to you. The indexes continue their back and forth behavior trying to determine if they're going to move higher going into fourth quarter earnings now or not. If you aren't currently Member of our newly launched SmallCap Network Elite Opportunity (SCN EO), you may want to do so in fairly short order. John Monroe, Editor in Chief of SCN EO, published some compelling information this morning with respect to fourth quarter earnings and how they are lining up with the current levels of the market. It was...
Published:
Tuesday, January 8, 2013 10:16 AM PST
While the indexes continue to jostle and decide if last week’s strong bump was too much too soon, we’re going to focus on something today that should be far more important to you than whatever the indexes are going to do over the next few hours. Most of you who have been getting our newsletter for any length of time know we live and breathe the markets every day, and have worked diligently to bring you not only ideas that should have made you a lot of money, but teach you how the markets work and...
Published:
Monday, January 7, 2013 9:47 AM PST
Good Monday to you. Markets are off to pretty much the same start we saw most of last week after the big Wednesday boom to start the year. Not a whole lot of change yet while the indexes wrestle with the possibility of either pulling back as we head into fourth quarter announcements, or continue their moves higher after grinding sideways over the last couple of trading days. Truth is, either scenario is very possible in the very near-term. The NASDAQ opened the weakest of the bunch this morning testing last...
Published:
Friday, January 4, 2013 9:52 AM PST
Good Friday all. Looks like the markets had a great Wednesday to kick off the New Year, but that's been about it so far. Not a whole lot of change since. If the first half of getting the fiscal cliff issue resolved really meant that much to the markets, wouldn't we have seen some follow through on the heels of Wednesday's parabolic run-up? As it stands right now, the indexes are simply looking for every reason to move higher, however, other than technical clues suggesting the markets are going higher, there...
Published:
Thursday, January 3, 2013 9:56 AM PST
Day two of a pretty fierce rally to start the New Year appears to be getting some follow through this morning with the markets continuing to climb off yesterday's base. Like we said yesterday, there's a strong likelihood we'll see at least another day or two of strength to close out the week before the shorts are going to come in and test the indexes as they move toward their September highs. The S&P 500 is closer to testing its September highs than its NASDAQ and DOW counterparts. Basically, there's more...
Published:
Wednesday, January 2, 2013 9:57 AM PST
Now if this isn't a great way to kick off the New Year, then what is? I'm referring more to the move the broader indexes made on the open today than anything else, because although the markets opened aggressively higher this morning, we're most definitely not out of the woods yet. I'm not trying to throw a bucket of water on the markets' first day of 2013, however, let's make sure we all understand exactly what's going on when we subtract all of the media hoopla reveling over what they believe to be a save regarding...
Published:
Monday, December 31, 2012 10:19 AM PST
Good Monday to all of you and a very happy NYE! The markets are closing the books on 2012 with traders cleaning up their positions for the year in anticipation of what will likely be a very interesting first quarter of 2013. Although many naysayers did their best to instill fear throughout the year regarding corporate earnings and a fragile economy, it still turned out to be a good year for stocks, and an excellent year for us. 2012 was a perfect example that stocks don’t always tend to track economic...
Published:
Friday, December 28, 2012 8:55 AM PST
The indexes snapped back yesterday in pretty fierce fashion almost completely erasing some fairly substantial losses from earlier in the morning. Like we said in yesterday's edition, the NASDAQ had traded down to its first logical retracement/support level for the markets to bounce, in which they did. Once the NASDAQ hovered around that first 3/8 retracement level of roughly 2960, it found its footing and came roaring back into the close. If you picked up some index option calls off yesterday's lows, nice work...
Published:
Thursday, December 27, 2012 11:14 AM PST
Today marks an important edition for all of our SmallCap Network readers as we open the door for early sign-ups to our new SmallCap Network Elite Opportunity. Before we provide you with the details here today, let's take care of some quick business first. More information on the new SCN EO below. As you can see, the fiscal cliff issue has now hit center stage, even taking over our local news channels now when it's been fairly isolated to mostly financial news channels over the last couple of months. The scare...
Published:
Wednesday, December 26, 2012 10:29 AM PST
We hope you're having an excellent Holiday Season. Since Santa was a pretty busy guy over the last couple of days, it doesn't appear he's paid too much attention to the markets of late. Makes sense. He can't do it all, right? Looks like he decided to send the markets their gifts earlier in December so he could focus on those less fortunate families around the Holidays. When I walked through the door yesterday, one of my family members greeted me with a "Merry Cliff-mas." Obviously referring to the fiscal cliff...
