Written by Gary
Midday Market Commentary For 02-27-2015
The averages are trading sideways with a trend upwards.
By noon investors like myself are concerned with sudden reversals NOT going in the direction we were betting on. Another session that we can say we are at a crossroad and it is better sit on ones hands and wait for a direction from Mr. Market.
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We decided to celebrate how childlike fun and freedom encourages and promotes pure creativity by turning part of our studio into a ball pit. It is now open to the public and we will try our best to fit you in if we can. We would kindly ask visitors to make a donation to our partner charity right to play.
Infographic Of The Day: Solar Energy
The sun offers an amazing source of power, putting out 3.8 x 1026 watts.
Special Opinion from Money Morning
by Shah Gilani, Wall Street Insights & Indictments
If you didn"t read yesterday"s BrokeAndBroker blog by Wall Street lawyer Bill Singer, you should.
In in his earlier life, before he got a life, Singer was an attorney at the National Association of Securities Dealers (NASD) - now known as the Financial Industry Regulatory Authority (FINRA). And his latest blog is titled "A Tale of Two Streets and FINRA"s Disparate Sanctions."
Written by Gary
Opening Market Commentary For 02-27-2015
Premarkets were down fractionally, but mostly flat as we head into the weekend. The markets opened quietly on low volume, the SP500 and Nasdaq posted green while the DOW remained in the red.
By 9:45 the averages were headed south which has been normal for morning trading only to reverse and head back up in the afternoon.
ECRI"s WLI Growth Index was marginally declined and has remained in negative territory for 19 weeks. According to ECRI, this index is forecasting slower economic growth in 1H2015 and now into 2H2015.