That’s been hard to figure lately.  Uncertainty has not eased.  Not in Europe.  Not in the Middle East. Not in China or Japan. Not in the U.S., with a dead-heat election battle and unknown future Congressional dynamics.  Companies overall continue to beat earnings, mostly, and miss on revenues.  Now there is a certainty: earnings cannot keep going up if revenues keep going down.

Banks are the Market's Ball-and-Chain

By David Brown, Chief Market Strategist, Sabrient Systems

Seeking a New Catalyst

by David Brown, Chief Market Strategist, Sabrient Systems

The market sputtered into negative territory today (Monday), with the S&P 500 closing at 1142 (-0.57%). Still, the index is well above the 50-day and 200-day moving averages.