Agreement in Greece paves way for bailout, which market anticipated.Some selling into early rally and after 25% surge since October suggests some consolidation.
Market's technical action a mirror of the economy's upbeat numbers. Key to higher prices is outflow of money parked in safe havens that will be invested in stocks.
Yesterday was a breakout day as institutions got a bright green light to reach for targeted stocks. Big boost possible from switch into stocks from safe havens.
The stock market's bull run since coming off the October bottom could have more upward potential, especially if the housing market can show signs of stabilizing.
Political discourse in the home front has taken a back seat thus far in 2012, but the market may need to brace itself as lawmakers prepare to battle over the nation's budget.
Doomsters will begin to spread fear about inflation, but stock markets have coexisted for years with inflation. Stocks are a betterhedge than safe havens.
While small cap tech companies can be a volatile bunch, investors that can find the right ones offering sound growth potential and stability can mean big returns.
We are hearing concerns for a rising rate of inflation as a result of Fed policies. The worries are real, but not escalating inflation until global economies hum.
After a five-day correction, the market rebounded off projected support and is set to attack last week's bull market highs. Lots of cash earmarked for stocks !
The Feb. Durable Goods report was up, but short of projections. This may trigger a brief slide to DJIA 13,115 where a rebound is likely today or tomorrow.
Look for a minor probe lower this morning, stabilization, then a push higher. Institutions have a lot of cash to put top work - nowhere else to put it.
The DJIA is up 1,000 points in 5 days in anticipation of a favorable outcome at the Eurozone's Dec. 9 summit, but volatility is likely in the interim - careful.
A lot of good stuff has been discounted in a 950-point surge in the stodgy DJIA in six days. Uncertainties call for a drop of 200-300 points - volatility is back.
Finally, the stock market is getting a boost from Europe as its leaders are acting to head off the dissolution of the EU. DJIA 11,750 (S&P 500: 1214) possible.