A sustained increase in stock prices over a period of time greater than one week is a market rally. Market rallies can last months or even years. There are up days and down days, but overall, the market moves higher over a period of time. The late 1990s saw one of the longest market rallies in history.
Investors are excited about the fact that the Dow Jones Industrial Average has touched 13,000—a four-year high—as it rides the bear market rally higher.
Let’s take a step back, dear reader, and explore the reasons to justify this current stock market rally and growing bullish investor sentiment. Let’s see why investors (o… Read More
There are many reasons to be skeptical about this past January’s market rally. One of the most important key indicators flashing a warning sign is the fact that the stock market’s big rise in January occurred on very light trading volume.
But there’s another key indicator that is also flashing a red warning sign: insider sellin… Read More
I continue to be on the bullish side, but at the same time I am concerned with the mounting debt and deficit issues in the U.S. and debt issues overseas in Europe. In Ireland, investors are dumping Irish bonds on mounting speculation that the country will need to ask the European Union for bailout help similar to what Greece had to endure.