bear market

Weekly Economic & Market Review

Is the great bear market of 2011 over? Stocks have risen relentlessly this month culminating with a giant 3% move last Thursday. The plan revealed that day to address the European debt crisis is the most often cited reason for the rally but the resilient performance of the US economy, as evidenced by the GDP .. read more

Weekly Chart Review

  After a disastrous third quarter, it seemed as though the relentless selling would never cease. By 11 a.m. on Tuesday, the S & P 500 dipped into “bear market” territory, only to rocket higher by almost 10% in the days that followed. If my note called a “bottom”, then I’ll gladly accept the title .. read more