From Roses to Thorns?

By David Brown, Chief Market Strategist, Sabrient Systems

Last week things looked rosy for the markets, after the European bailout fund was finally ratified by the last holdout, Slovakia, just 10 days before the October 23 EU summit.

Market Rally Continues But Not Sure Why...

By David Brown, Chief Market Strategist, Sabrient Systems

Where's the Next Support?

By David Brown, Chief Market Strategist, Sabrient Systems

The usual suspects of Materials, Industrials, Financials and Energy continue to lead this unstable market both up and down. Technology has been less volatile, and in fact it has been tracking closely with Healthcare lately. These two also happen to rank the highest this week in Sabrient’s SectorCast ETF rankings.

On a Wing and a Prayer

By David Brown, Chief Market Strategist, Sabrient Systems

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.

Investors dumped equities late last week ahead of the weekend – largely due to the tenuous situation with Greece’s debt and the associated fall in the euro (and a commensurate rise in the dollar). But I also think there was a flight-to-safety ahead of the 9/11 anniversary, especially among Wall Street traders given the terror threats and heavy security in NYC.