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Market Commentary: DOW Off 141, Averages Close Mixed On Low Volume

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Closing Market Commentary For 01-23-2015

Afternoon markets melted down off their 2 pm highs to test the 10:45 morning lows on low volume - where are the BTFDers when you need them? DOW off triple digits, small caps in the green but flat and WTI oil is testing the morning lows (45.35).

By 4 pm the SP500 slipped below the morning lows and closed on a low note leaving investors, again, wondering what Mr. Market has in store for them tomorrow.


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Market Commentary: Averages Sea-Saw At Unchanged Line On Anemic Volume And Remain Mixed

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Midday Market Commentary For 01-23-2015

Markets sea-sawed all morning at the unchanged line along with the oils, U.S. Dollar and gold.

By noon the volume has fallen to anemic levels, the averages remain mixed and unattractive as the bulls and bears duke it out. It is obvious many bullish investors are buying into the hype that EU QE is good for you.


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Market Commentary: Markets Open Down, Recover To Flat And Mixed, No Trend In Sight

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Opening Market Commentary For 01-23-2015

Premarkets were up fractionally until the 'not-so-good' U.S. Financial were reported at 8:30 am then started melting down to -0.2% where they stayed until the open. Markets opened down -0.2%, traded sideways for the first few minutes on moderate volume trending down.

By 10 am the averages had melted back up to flat status, but any further trend upwards is in doubt as the averages sea-saw at the unchanged line on falling volume.


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Market Commentary: Markets Continue Morning Gains Squeaking Out New Highs For The Week

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Closing Market Commentary For 01-22-2015

Markets closed up nicely today apparently liking the new 'free' money coming in from Draghi and his Merry Men at the ECB - sound anything like the U.S.'s QE? Importantly the WTI oil closed at the support line. Some analysts say above, but we will have to wait for a couple more sessions.

By 4 pm the averages posted nice gains melting just at the +1.5% mark and Mr. Market assures investors there is more bull to come and be happy (self shaking head, BS me thinks).

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