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STTG Market Recap May 17, 2013 17 May 2013 | 11:45 pm

The 1000 point rally. To finish off yet another week of gains, the S&P 500 closed at 1666. Why does that number mean so much? Just over 4 years ago the S&P was 666 - a cool 1000 S&P points in 4 years ...

STTG Market Recap May 16, 2013 16 May 2013 | 11:16 pm

Stocks pulled back for just the 2nd session out of 11 (and 4th out of 20!) - losses seemed somewhat strong but that is only because we have become used to stocks up almost every day and when they fall...

STTG Market Recap May 15, 2013 16 May 2013 | 12:05 am

If the market is getting repetitious it is not just you. The S&P 500 is up 9 of the past 10 days (and the down day was meager) and up 13 of the past 16 days. That's 80%+ of the days during the past mo...

STTG Market Recap May 14, 2013 15 May 2013 | 12:04 am

As mentioned the past few days the market was internally correcting even though the indexes were not going down much. We could see this as the NYSE McClellan Oscillator dropped nearly 40 points and va...

STTG Market Recap May 13, 2013 14 May 2013 | 12:15 am

A better than expected (but still weak) retail sales report helped keep stocks elevated as the market works off an overbought condition by going sideways rather than down. This data continues the "Gol...

STTG Market Recap May 10, 2013 10 May 2013 | 11:39 pm

Thursday's mild losses were made up Friday as any type of selling, however minor, brings in buyers. Friday's session was very quiet until the last 15 minutes when most of the gains were made. The S&P ...

STTG Market Recap May 9, 2013 10 May 2013 | 12:17 am

Stocks pulled back slightly Thursday as investors looked for any excuse for profit taking and to work off an overbought condition. It was delivered via a market rumor that a Bernanke speech Friday mor...

STTG Market Recap May 8, 2013 8 May 2013 | 10:37 pm

New day, same market. It is repetitious but there is little more to add - this is day 12 of gains in the past 14. In the absence of news, stocks go up. The S&P 500 gained 0.41% and the NASDAQ 0.49%. S...

STTG Market Recap May 7, 2013 8 May 2013 | 12:18 am

Another day of autopilot gains for the market. Tuesdays have been extremely favorable in 2013; the DJIA is up something like 17 Tuesdays in a row; a strange situation. The market is also up 11 of the ...

STTG Market Recap May 6, 2013 6 May 2013 | 11:53 pm

Back to autopilot mode..... After some excitement and a potential breakdown in the middle part of April, stocks have resumed their march upward with most indexes notching 10 gains in the past 12 sessi...

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