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STTG Market Recap August 26, 2013 27 Aug 2013 | 03:13 am
It remains a muddled picture as some of the market's favorite momentum names continue to act well, as does the NASDAQ index, while other indexes and entire sectors struggle. Volume remains very light...
STTG Market Recap August 23, 2013 24 Aug 2013 | 03:42 am
While mixed signals continue to be sent by the market, there were some positive developments Friday. News premarket that the CEO of Microsoft was quitting in a year sent the stagnant stock soaring 7...
STTG Market Recap August 22, 2013 23 Aug 2013 | 03:05 am
After such a terrible close yesterday many thought today would be a washout day to create a near term bottom, perhaps setting up an oversold bounce that lasts more than a day. Instead the market did ...
STTG Market Recap August 21, 2013 22 Aug 2013 | 02:17 am
All eyes were on today's Federal Reserve meeting minutes release, and volatility increased dramatically after 2 PM when they were made public. Stocks had been in a whip saw day to begin with but imme...
STTG Market Recap August 20, 2013 21 Aug 2013 | 03:50 am
Yesterday we wrote "The correction continues as we are now reaching extreme oversold conditions; a snap back rally should be expected at any time." It seemed that began today - the question is how fa...
STTG Market Recap August 19, 2013 20 Aug 2013 | 03:42 am
The correction continues as we are now reaching extreme oversold conditions; a snap back rally should be expected at any time. Markets started mixed, with the NASDAQ leading as a select group of go ...
STTG Market Recap August 16, 2013 17 Aug 2013 | 03:14 am
The August correction continued during a volatile session Friday. The yield on 10 year Treasury bonds broke over 2.8% and unlike yesterday stayed their today; this upward skew in yields was the initi...
STTG Market Recap August 15, 2013 16 Aug 2013 | 03:24 am
We had mentioned all week that a divergence had built between the NASDAQ (led by Apple) and the S&P 500 with the latter weaker and the former stronger. Eventually they would move together - either th...
STTG Market Recap August 14, 2013 15 Aug 2013 | 04:26 am
The slow motion correction continued Wednesday as stock meandered down slowly most of the session. In many ways this market was similar to action we last saw in late winter/early spring 2012 when a ...
STTG Market Recap August 13, 2013 14 Aug 2013 | 03:03 am
There has been a peculiar pattern in the market the past two weeks where there is always a mid morning selloff, and that usually marks the low of the day. Today was another example where stocks gappe...
