It was a choppy back & forth session today which ended near unchanged. The Nasdaq closed down for the seventh session in a row but most of the other indices closed up on the day. So the day showed confusion and/or a stalemate, which is often what leads to a change in direction. Given how [...]

Welcome to 2008! That was an ugly finish to an ugly first week of the year. I know there’s that old say about “as goes January so goes the year” but isn’t there a similar say that says “as goes the first week of January so goes the month of January”? Or am I just [...]