Today’s market opened up a tad on positive action from Asian and European markets; however, the pangs of last week’s painful performance took hold and the S&P 500 fell as much as 0.7%.  Earnings and revenues for Caterpillar (CAT) were below estimates causing investors to recall flat to poor results from General Electric (GE), International Business Machines (IBM) and McDonalds (MCD) on Friday.  Then, shortly into today’s session, Existing Home Sales o Read more about What the Market Wants: Half-full or Half-empty?

david / Tag: ABBV, SIG, HCI, MSFT / 0 Comments

From the Fed, from Congress and President, and from Europe for starters. Chairman Bernanke may give us the former as he testifies on Tuesday and Wednesday this week.  Congress must act by Friday over the sequestration issues.  And Italy could’ve helped a bit today if its election resulted in a more stable government, although that does appear to be happening. Read more about What the Market Wants: The Market Wants Clarity Now!

david / Tag: DAL, AAPL, ABBV, TYN, VIX, VXX / 0 Comments