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Yesterday completed the first 2 consecutive down days since mid April on the SPY, although the market did try and recover and close green. Today the futures are red once again, following Europe and Asia’s action. The Nikkei once again proved to be extremely volatile, starting up over 3%, and then tumbled down 4%, and finally closed up .9%.
With the three-day weekend coming, will be interesting to see… Read More
Intuitive Surgical (ISRG) stock has been under pressure from negative coverage over pending lawsuits from its Surgical Robot Machines. Despite continued stellar financial performance, the stock has festered under $500, as investors remained skittish from CNBC skeptics like Herb Greenberg (Video), and his so-called Divinci Debate as well as Citron research who prepared two reports (one & two) on why the stock should trade under… Read More
After almost 7 months of seemingly unstoppable bullish action in the equity markets, overnight the Nikkei suffered its biggest pull back in over 2 years. The question is how far stocks will fall before they bounce. I think we have yet to see the highs for this year, despite what you see on t.v and read in the newspaper. The Federal Reserve spent over 4… Read More
