Likely Greek Default Worries Market

By David Brown, Chief Market Strategist, Sabrient Systems

After last week’s stellar performance, the markets dropped into negative territory today, as investors realized that Greece might actually be allowed to default.

david / Tag: BBY, CMCSA, ETN, FXE, IYF, NFLX, ORLY, RIMM, UNH, V, VGK, VXX / 0 Comments

Same Old Story, Different Excuse

By David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: BMRN, DG, FXE, ISM, RIMM, VLO, VXX / 0 Comments

Market, Market on the Wall, Who is the Fairest of the All?

By David Brown, Chief Market Strategist, Sabrient Systems

After the market gained in 7 of the 8 trading days following August 19, we have been met with 3 consecutive down days wiping out about half of our gain (about 5% at today’s close).

david / Tag: BAC, BNY Mellon, Financial, FXE, GS JPM, VIX, WFC / 0 Comments

Flight to Where?

By David Brown, Chief Market Strategist, Sabrient Systems

Last week’s rally gave us the first positive week in a month, and it continued today, with the S&P 500 gaining a robust +3% in one day and barreling through the theoretical ceiling of 1200, to close at 1210.

david / Tag: BAC, CDE, CRR, KEYN, LMNX / 0 Comments

Google Scares the Bears Away -- Now What?

By David Brown, Chief Market Strategist, Sabrient Systems

After one of the most volatile weeks in market history, Google (GOOG) single-handedly frightened the bears away this morning with its $12.5 billion purchase of Motorola Mobility (MMI).

david / Tag: AET, CF, CVX, GGAL, GOOG, JBL, KEM, KRO, MMI, MTZ, sectors / 0 Comments

Is it time to buy?

By David Brown, Chief Market Strategist, Sabrient Systems

You never actually know when it's time to start buying stocks after a market drop, but let me give you a few "quantitative" hints.

david / Tag: GGAL, JBL, KEM, KRO, sectors / 0 Comments

And the Oscar Goes to...

By David Brown, Chief Market Strategist, Sabrient Systems

Despite spending much of the day below the 200-day moving average, the S&P 500 closed at 2986.94, just barely above the 200-day MA, thus, avoiding a marker that hasn’t occurred since last September.

david / Tag: KOF, MOS, SBNY, TSO / 0 Comments

Banks are the Market's Ball-and-Chain

By David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: AAPL, AMD, BAC, C, CAT, CBOU, CBST, GE, GOOG, GS, HOLI, IBM, INTC, JPM, KO, MDF, MSFT, NEM, PRG, sectors, T, YHOO / 0 Comments

The Market Gives Back . . .

By David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: AA, C, CPA, CPX, GOOG, JPM, LRCX, RBN / 0 Comments

Market Takes a Breather after Last Week’s Sprint

By David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: AA, ESIC, HFC, LNN, MNTA, sectors / 0 Comments

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