Daily Market Notes

Daily Market Notes on February 21, 2012

“Our market, after being closed yesterday, reacted positively to the news from Europe of the Greek debt rescue, with the big question being whether the DOW can close above the round 13,000 level that has turned it back a few times so far.” 

Click here to read the 2-21-12 Daily market notes from Donald Selkin

Daily Market Notes on February 16, 2012

“The DOW started out nominally higher today and then accelerated to the upside…led by financial stocks….”

Click here to read the full 2-16-12 Daily market notes from Don Selkin

Valentine’s Day Market Notes 2012

“After yesterday’s nice start to the week, there were a few negative hurdles thrown in the market’s path as today’s trading got underway. The first came last night as good old Moody’s got into the downgrade act following already issued downgrades from Standard & Poor’s and Fitch, by warning that it may cut the triple-A ratings of France, Britain and Austria.”  

Click here to read the 2-14-12 Daily market notes from Donald Selkin

Daily Market Notes on February 12, 2012

“Getting away from Greece for awhile, the market is also being helped by another decline in weekly jobless claims which fell down to 358,000.”  

 

 Click here to read the 2-9-12 Daily market notes from Donald Selkin, Chief Market Strategist

Daily Market Notes on February 6, 2012

After Friday’s and last week’s upside fireworks, things are taking a breather so far today, as once again the Greek issues are front and center, as there has been a delay in accepting the terms of the bailout.”   

Click here to read the 2-6-12 Daily market notes from Donald Selkin, Chief Market Strategist

Daily Market Notes on February 1, 2012

“February has now started off the way that January turned out to be, which is to the upside…”  

Click here to read 2-1-12 Daily market notes from Don Selkin, Chief Market Strategist

Daily Market Notes on January 31, 2012

“After yesterday’s strong comeback off its worst levels, today we are seeing the exact opposite, as early optimism over ‘progress’ in the Greek debt drama pushed the Dow…”  

Click here to read the 1-31-12 Daily market notes from Donald Selkin

Daily Market Notes on January 27, 2012

“After yesterday’s toppy market action…one can argue that the picture is very mixed once again. The first estimate of 4Q GDP came in at 2.8% versus a forecast of 3%. This was still the fastest pace in 1 1/2 years. Consumer spending rose to a 2% rate, business spending rose by only 1.7%, and home construction rose by the fastest pace since 2Q of 2010.”     

 

Click here to read the 1-27-12 Daily market notes by Donald Selkin, Chief Market Strategist

Daily Market Notes on January 23, 2012

“After the wonderful start to the new year, with the major indexes having been higher for 11 out of the first 13 days for advances of as much as 6.9% for the Nasdaq, the low level of the VIX, as mentioned above, is perhaps finally restraining things on the upside.”  

Click here to read the 1-23-12 Daily market notes from Donald Selkin, Chief Market Strategist

Daily Market Notes for January 20, 2012

“Well it looks like the calendar is back to the 1980′s or 1990′s today as three of the old technology warhorses are doing well on their reports, namely IBM, INTC, and MSFT. On the other hand, more trendy new-era stocks, namely GOOG, whose call buying was apparently the highest ever as it had done well lately, and medical device company ISRG…got shellacked to the downside.”    

Click here to read the 1-20-12 Daily market notes by Chief Market Strategist Donald Selkin