For those seeking a clear, to the point summary of the European crisis at this very moment should look no further than this excerpt from Michael Krieger (hat tip ZeroHedge):
“Nothing has changed and absolutely nothing has been accomplished…”
Posted by 2 November 2011
November 2nd 2011 Stock Market Recap
Nothing major for the market today as Greece remains in focus with its lack of support for the latest band-aid which includes a 50% haircut to bond holders. Mastercard (MA) beat earnings and jumped 7% to close at fresh 52-week highs but that’s about the extent of the excitement. Volume was light across the board.
Posted by 1 November 2011
TraderMike Posts Moving to StockTradingToGo.com Starting Monday, Nov 7th
Yes, starting next Monday, November 7th, all new market recaps will be posted on StockTradingToGo instead of here at TraderMike. Read this post for all the details!
Posted by 31 October 2011
October 31st 2011 Market Recap
The market retraced some of its steps today as questions surrounding Europe’s plan began to unravel.
The S&P 500 lead the declines with a -2.47% showing. Volume was lighter across the board.
Posted by 27 October 2011
October 27th 2011 Market Recap + 26 Stocks to Watch
A massive session for the market as Europe has come to an preemptive agreement to patch its crisis for atleast another year. This coupled with unexpected GDP growth reported here in the US propelled the markets higher. Both the S&P 500 and NASDAQ closed up over 3% on big volume.