Daily State of the Markets

It's Not The News, But How The Market Reacts...

Dave M. has an early appointment so Paul Schatz of Heritage Capital, LLC is filling in this morning. We are pleased to be able to offer Paul's thoughts on the state of the market and hope that you enjoy his views. With Monday&rsq…

Let's Vote!

Since Greece has once again become "the word" for this market, we thought it would be a good idea to do a quick roundup of current events. For starters, it will suffice to say that the Greek saga dragged on last week and the headlines were clearly responsible for much of the volatility in…

Another Greek Deadline Approaches, So...

The headlines after the close of business yesterday read something to the effect of, "No Signs of Greek Deal." This proclamation was supported by a series of stories throughout the day detailing the breakdown of negotiations. The wires reported that the rhetoric had become heated and that…

Is There Anything Else To Focus On?

Are we having fun yet? If you are invested in the market for anything other than the daily hysterics relating to the latest developments in Greece, the answer is likely no. While it is almost unfathomable, the action in the U.S. stock market continues to be controlled by the most recent d…

Still All About Greece (Yawn)

From a short-term perspective, it is clear that this market remains all about Greece. (Yes, again/still.) For the umpteenth time since 2010, the market is forced to deal with the headlines, the comments, and the drama coming from a country with an economy the size of Dallas. In ca…

A Break In The Action (Or Same 'Ol, Same 'Ol)?

On Sunday evening, it appeared that there had been a breakthrough in the stand-off between Greece and its creditors. The wires indicated that officials in Athens had relented and despite an awful lot of rhetoric to the contrary, had submitted new proposals to the EU designed to allow the …

Following The Script (So Far)

In case you left your Greek crisis play book on your desk over the weekend, you will be happy to know that the game continues to play out according to script on this fine Monday morning. Fo reveiw, stocks sold off into the close on Friday on fears that a deal with Greece wouldn't get done…

Here We Go Again...

While it pains me to do so, it appears that we must, once again, pay close attention to the goings on in Greece. Yes, we've seen this movie before, over and over (and over) again actually. And for the last five years, the ending has always been the same as the leaders of the Eurozone and …

The Fed, Rates, Greece (Yes, Again) and Seasonality

Coming into the new week it appears that there are four things traders will be paying attention to: The Fed, interest rates, Greece (yes, again), and seasonality. While it will likely be a coin flip to determine which of these issues is at the forefront of the computers' "minds" on any gi…

The Big Picture Indicators Tell Us...

Even the staunchest bear will be forced to admit that the long-term trend of the U.S. stock market remains positive. To confirm this, all one need do is look at a weekly chart of the S&P 500 index. While things have been choppy for some time now and short-term pullbacks have been comi…