Market Outlook:
The holiday-shortened week also
proved to be an uneventful one, with the S&P 500 tacking on about another
15 points (about 1.1%), but on amazingly low volume.
Still, a gain is a gain is
a gain, and the unlikely rally has continued to march. All told, the rally
since coming off the November 16th low now stands at 6.8%. If you don't
count the early-November dip as an actual correction (it was only a 4.3%
slide from high to low), then the S&P 500 has actually advanced 19.9%
since the August 31st bottom. Yes, you read that right.... we're up nearly
20% for the last (almost) four months (click
here to see the chart).
Just for the record, we've
seen bigger uninterrupted moves. The March/June of 2009 run-up was good
for a 38% gain, while the July/December rally in the same year was a 24%
move. Both were bigger in terms of total points as well, advancing more
than the 200 points we've seen the S&P 500 add on over the last four
months. So no, it's not like this is unheard of. It is largely unheard
of, however, at this stage (the second stage) of bull markets -- gains
like this tend to occur only in the first or second 'wave' of new bull
markets, as euphoria is rampant and we see the biggest swings from pessimism
to optimism.
To
read the rest of this article, click here.
Some
Holiday Reading - SCN Community
The
Last Trading Day Before Christmas Sets a Tone
2010 has been
a pretty good year, overall, for the markets. Are there any signs or clues
of whats to come in 2011? Perhaps there are more signs to read within the
slow trading month of December.
Fertilizer
Ready to Grow in 2011 After Tough 2010 - Here's Why
There are many
different types of products and companies to invest in. Why not fertilizer?
Wherever there is money to be made with good upside potential, that's where
we, as investors, should be looking. 2011 could be the year for manure.
Wineries
and Distilleries Share a Good Harvest at the Holidays
Retail stores
may not be the only companies to experience a rush during the holiday season.
Is there any correlation with the holidays and the numbers out for some
of these companies?
A
Short Squeeze Perfect Storm: Radient Pharmaceuticals
Like a pressure
cooker ready to explode, the downside pressure releases for a nice rally.
Is that an indicator of a change in direction or is it just temporary bump?
Read M.E. Garza's technical analysis of the move. One of the more popular
articles from the last week.
Samsung,
Hyundai, Is There Money For Investors in South Korea?
Korea has been
a hot topic recently. Mainly due to the growing tensions and threats of
war between the North and the South. But what about investments? We all
know the products that come out of South Korea; they seem to be getting
better. Is there still opportunity to make money on South Korean companies
or have they peaked out?
Repligen
Corporation (NASDAQ: RGEN) Another Attractive Biotech
Phase 2 and
3 trials gearing up for this company. 2011 could be a make or break year.
The
Housing Bust Has Been a Boost to the Storage Industry
Seems logical
that an industry to benefit from the real estate collapse would be public
storage. One such company has experienced some pretty explosive growth
over the last several years.
More
Articles
Is
Africa Becoming the Handmaiden of China?
Stellar
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Tangible
Timeline Target Set for Ohr Pharmaceuticals
Auto
Parts Makers Too Hot For Their Own Good?
Riding
the Cultural Wave of Product Marketing in China: SkyPeople Fruit Juice
(SPU)
Will
Swap Execution Facilities Reduce the Risk?
When
Insiders Buy Big and Sell Big
The
Housing Bust has been a Boost to the Storage Industry
The
Ratings Agencies Give Portugal a Work Over
Wireless
Names Coming on Strong
The
Trend of the e-Book
Updated
technical analysis: Advanced Cell Technology
Why
Greece is So Important to the World
A
Sign of the Times; a Flight to Equity as Investors Turn from Bonds
Regional
Banks Merge and Acquire at Years End
Why
Everyone, All of a Sudden, Loves This Stock
A
Cautionary Note for the Weekend Reader: Oil
Theatres
or $1 Redbox or Early Release Video on Demand