With the Fed keeping rates steady and Obama giving his State of the Union address in conjunction with Bernanke’s reconfirmation as Federal Reserve Chairman, there is plenty of market news for Kevin Haggerty to cover this week- and the politicians would probably rather he didn’t.
What awaits traders after President Obama’s state of the union speech? Kevin Haggerty expects it to be little more than a game of “3 card Monty.” See how he thinks the market will react following the speech.
How should traders act and react to this season’s earnings announcements? Read Kevin Haggerty’s bi-weekly stock market commentary and learn how to trade like one of the great minds of our day.
It has been a low volume week, should you expect more of the same today in front of the long weekend? Here’s what to expect in the major indexes.
Don’t expect a sugar coating from Kevin Haggerty. This week’s market commentary includes a scathing rebuke of the Obama administration’s economic stimulus plan and the presumption that when measured correctly, the unemployment rate has actually surpassed the 20% mark.
The market is overbought in the short term while investor sentiment surveys are as bullish as they were at the 2007 top. Kevin Haggerty explains why that is.
While trader sentiment is currently in bullish territory, Kevin Haggerty believes there is due reason to expect a pullback. Find out why that is and more here.
Will the market peak in 2010? Kevin Haggerty thinks so. As the year comes to a close today, read his take on what to expect in 2010.
Moving averages (MA’s) are among the most popular tools available to portfolio managers, analysts, investors and traders but are they being used in the most effective way?