Despite a highly eventful week in the news, not much has changed from a stock market perspective. No doubt, investors have grown immune to the daily reports of geopolitical turmoil, including Ukraine vs. Russia for control of the eastern regions, Japan’s dispute with China over territorial waters, Sunni vs. Shiite for control of Iraq, Christians being driven out by Islamists, and other religious conflicts in places like Nigeria and Central African Republic. Read more about Sector Detector: Bulls remain unfazed by borderline Black Swans

Scott MartindaleMore unnerving conflicts around the globe have flared up, but as usual, U.S. equity investors have given it nary a yawn as they seem to have become pretty much numb to the steady stream of unwelcome news, particularly out of the Middle East. Now we enter the summer version of earnings season. Read more about Sector Detector: Will earnings season provide the next catalyst for stocks?

Stock investors entered the Fourth of July holiday on a high note, pushing the Dow Jones Industrials Index above 17,000 and the Wilshire 5000 Total Market Index above 21,000, and even pushing the S&P 500 to a smidge above the upper trend line of its long-standing bullish ascending channel that has been in place for nearly three years. Read more about Sector Detector: Summer slog likely to keep a lid on further stock gains

U.S. stocks just continue to cruise right along, although investors seem to be displaying a healthy level of caution, looking over their shoulders as they whistle past the graveyard and bet on ongoing improvement in corporate earnings and economic growth. Despite extremely overbought technical conditions and regional hot spots that may ultimately threaten global economic recovery, investors seem undeterred. Read more about Sector Detector: Stocks cruise right along, whistling past the graveyard

Scott MartindaleAfter its long-awaiting breakout of the 1900 level the other week, the S&P 500 gained another +1.3% last week alone, but this double-low progression as I call it -- i.e., on extremely low volume and with persistently low volatility -- is worrisome. Read more about Sector Detector: Bulls revel in the new normal, while bears lie in wait

Scott MartindaleStocks ended last week on a high note, closing a smidge above strong resistance at 1900 for the S&P 500, which set a new closing high for the large-cap index, albeit on low pre-holiday volume. With the Memorial Day holiday giving us a short week of trading, all eyes are on voting in Ukraine, where a decisive win for billionaire business tycoon Petro Poroshenko seems assured. Read more about Sector Detector: Breakout or another bluff? Bulls seeking confirmation this week

Today, two stocks held in Sabrient's Stock Trader's Blueprint Portfolio, Frontier Oil (FTO) and Holly Corp. (HOC), merged to form HollyFrontier Corp. (HFC). Yesterday FTO closed at $32.31 and HOC closed at $67.54. Today HFC opened at $69.00 and finished trading at $71.86 --higher than the previous value of either stock, for a gain of 3.54%. Read more about Stock Alert: FTO and HOC Merge to HFC

walter / Tag: energy, FTO, HFC, HOC / 0 Comments

Every week David Brown, Sabrient’s chief market strategist, writes a blog on the market that insightfully analyzes the past week’s activity. It includes his take on upcoming events that may impact the near-term market and his weekly review of style/cap and sector performance with accurate predictions, based on the Sabrient SectorCast, of the best and worst sectors going forward. Read more about Blazing Performers from What the Market Wants

walter / Tag: ADES, Basic Industries, CENX, energy, HDY, LNG, MERC / 0 Comments

Last week the market (S&P 500) battled resistance at the 1100 mark as if it were in the yawning sand trap at #14 on Pebble Beach – and Tiger Woods can't help us out just now. Read more about What the Market Wants: Market Stuck in a Sand Trap

david / Tag: CORE, energy, healthcare, JRCC, NIHD, RGA, sectors, technology / 0 Comments

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