This year, the S&P 500 has greatly underperformed its average 18% return that it historically provides during the third year of a Presidential election cycle. But then, a lot seems to be different this year as correlations across most asset classes are high and prices are buffeted more by news events than fundamentals (which has made stock picking quite challenging). Read more about Sector Detector: Stocks break out as central banks get more dovish and seasonality kicks in

Scott MartindaleAnxious bulls no doubt are looking for ways to rustle awake this sleepy late-summer stock market, before the bears stealthily bring it down. Investors’ focus has been on the Fed and what it might do next month, and Wednesday’s release of the July FOMC meeting minutes showed almost all the voting members supported no change in stimulus, with only a few hawks insisting that tapering should begin sooner. Read more about Sector Detector: Bulls look to awaken sleepy market … before the bears do

smartindale / Tag: sectors, iShares, ETF, SPY, VIX, CSCO, WMT, AAPL, VMW, MA, PB, iyw, IYF, IYK, IYE, IYJ, IYZ, IYM, IDU, IYH, IYC / 0 Comments

Earnings reports on Wednesday from big banks like Goldman Sachs (Scott MartindaleGS) and JPMorgan Chase (JPM) were encouraging. And Apple (AAPL) got a much-needed boost from the top tech analysts. However, Goldman’s analysts tried to throw a wet blanket on the markets earlier this week with their expectation that earnings reports overall this year would be “uninspiring” and that equity returns this year likely will be only in the single digits. Read more about Sector Detector: Bulls resist giving up any ground

smartindale / Tag: iShares, sectors, ETF, IYH, iyw, IYK, IYM, IYJ, IYE, IYF, IYZ, IDU, IYC, AAPL, GS, JPM, DVA, COO, CTSH, IT, SPY, VIX, DEF, NFO, KNOW, CSCO, FCX / 0 Comments

When something is confusing or incomprehensible, a person might say, “It’s all Greek to me.” Well, that’s exactly what investors have been saying for the past several days—in the market’s inimitable way. Despite promising economic and corporate news in the U.S., the headline risk from Europe has been just too much to bear. It is keeping the bulls at bay, and front and center for an encore performance is Greece. Read more about Sector Detector: Confused investors are saying, “It’s all Greek to me”

smartindale / Tag: Tags: BXS, CSCO, DMD, ETF, FB, GRPN, IDU, iShares, IVR, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, JPM, linkedin, LNKD, NTES, sectors, SPY, VIX / 0 Comments

Stocks Seeking a Catalyst

by David Brown, Chief Market Strategist, Sabrient Systems

Today saw the S&P 500 continue to slide slowly from its recent three-and-a-half-year high. The index closed at 1329.47, down -0.62%. Read more about What the Market Wants: Stocks Seeking a Catalyst

david / Tag: AGP, AVT, CF, CSCO, DIS, PWER, sectors, VIX / 0 Comments

The market is off to a great start this week, powered by last week's momentum and further buoyed by a lessening of fears about Europe's sovereign debt. All the major indices are above their 50-day and 200-day moving averages, with the S&P 500 finally breaking out of the 1120 resistance level, closing today at 1141, a new 4-month high. As an interesting historical aside, the 1120 resistance level was first encountered way back in April 1998. Read more about What the Market Wants: S&P 500 Sets New 4-Month High

david / Tag: BBY, BJGP, CSCO, CVU, FDX, GME, HPQ, IBM, JPM, MA, OPLK, ORCL, RIMM, SCVL, TXN, WATG / 0 Comments