Early Thursday Morning Market Thoughts

Early Thursday Morning Market Thoughts

It goes without saying, yesterday's market action was ugly.  The clearest signal of further risk aversion in my mind came with the fake breakout higher on Tuesday, the last day of May.  In hindsight it is now clear month-end games were in high gear last...
Another Technical Look At The Russell 2000

Another Technical Look At The Russell 2000

The most recent stock market rally that started on May 25th continued in full force yesterday, Tuesday May 31st.  While end of month forces may have been at work, it speaks positive nontheless. The major U.S. equity indices closed at the highs of the day and as...