4 Stocks for an Odd Market

by David Brown, Chief Market Strategist, Sabrient Systems

As it turned out, the market was undaunted by the S&P negative outlook on U.S. debt. After the initial shock wore off, which took one down-day last Monday, the market bounced back and was quite positive for the rest of the week.

In my weekend analysis, I talked about the possibility of a bullish reverse head-and-shoulders formation for the stock market. And after allowing for a brief panic on Monday, the market has been quite strong this week and appears to be confirming the bullish pattern.

You Can Fool Some of  the People Some of  the Time

by David Brown, Chief Market Strategist, Sabrient Systems

But apparently, you can't fool Standard & Poor's.

Last week I mentioned that a pullback was due, and indeed we’ve seen some market weakness this week. The 50-day simple moving average is trying to support the large, mid, and small caps at this point, but the Dow Industrials and MSCI Emerging Markets are holding up better as they are supported by their 20-day. Among the major sectors, Healthcare has actually displayed strength this week despite overall market weakness.

Sabrient Systems Names Rick Hoselton
as Director of Information Technology

Hoselton to Focus on Development and Testing of Investment Strategies

Santa Barbara, Calif., April 9 -- Sabrient Systems, LLC President Scott Brown has announced Rick Hoselton as Sabrient’s Director of Information Technology (IT).  Hoselton assumed his new position in January.

Q1 Earnings Season Begins

by David Brown, Chief Market Strategist, Sabrient Systems

Sleeping Well Whether the Bulls Run or Retreat

by David Brown, Chief Market Strategist, Sabrient

Although trading volume remains anemic, with NYSE volume below 900 million today, equity bulls continue to run the show as the global “wall of worry” seems to suit them just fine, thank you.

Bulls Keeping Their Horns Sharp

by David Brown, Chief Market Strategist, Sabrient Systems

Bulls continue to shake off global challenges to keep the market in rally mode heading into the end of the first quarter, led by powerhouse sectors Basic Materials and Energy as well as Healthcare and upstart Telecom. In fact, the S&P 500 is on track to achieve its largest first quarter return since 1998. The SPY closed today at 132.77, up 5.6% on the quarter with one more trading day to go.