|Day Low/High||228.54 / 232.20|
|52 Wk Low/High||101.03 / 244.67|
The SPY still has room to move, and I'm not ready to call this a dip.
The oil stock market seems to take its cue from whatever contract is down.
Figuring out when this straight-up move will end is the single-most vexing question of this market.
They get a lift from positive economic data, at least until the market's attention returns to Europe.
All the good deals in the world don't seem to matter unless something good comes out of Europe.
The hated industrials can make up some ground if the bears can't bring down them down.
Stocks spoil the shorts because the companies aren't doing badly enough to warrant a big bear.
Many companies are doing much better, balance sheets are improved and more safeguards are in place.
A few rare names have actually had their analyst estimates revised upward this quarter, but let's sort through them carefully.
Even though they're not reporting a slowdown, they're at the mercy of Europe and China.
There company's management is intent on making the most of strong revenue growth and an attractive market.
Up is down, down is up … and politics, not economics, dominate the market.
Do your research, but be aware that fundamentals aren't moving stocks the way they used to.
Inflation flattening out in China could be just the tonic for stocks suffering from Europe.
Notwithstanding Europe's continuing troubles, the U.S. market should eke out an upward drift. With that in mind, here are some names to consider.
The recent carnage in the markets has uncovered some incredible buying opportunities, but they won't last long.