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Articles Written by: BILL CARA
[Excerpted from Bill Cara's Daily Report]Pre-holiday Friday equity prices were higher, but volume was anemic;however, trading in the US Treasury bond market was clearly under themicroscope as the 30-year bond (119.97 -1.75 -1.44%) was hammered forthe ...
From BILL CARA,
Seeking Alpha,
11 Oct 2009
An unremarkable day saw weakness in the morning and strength for the final 90 minutes, leaving markets almost flat at the close. The S&P 500 (1,057.58 +2.86 +0.27%), DJIA (9,725.58 -5.67 -0.06%), and NASDAQ Composite (2,110.33 +6.76 +0.32%) were ...
From BILL CARA,
Seeking Alpha,
8 Oct 2009
Another day, another drop in the US Dollar and another boost to equities and precious metal prices. In NY, all the sectors traded higher, but Energy and Basic Materials (XLE +2.4% XLB +2.1%) were clearly favored. At the close, the S&P 500 (1,054.72 +14. ...
From BILL CARA,
Seeking Alpha,
7 Oct 2009
Déjà vu; Wednesday seems like the second half of 1999 when investors ignored the risks and chased market prices higher. Except for Shanghai equities, the world is awash in green arrows Wednesday morning.
At the close in New York Tuesday, the S&P 500 (1, ...
From BILL CARA,
ETF Investor,
16 Sep 2009
Despite the late session rally, at the closing bell the S&P 500 (1,020.62 -8.31 -0.81%), DJIA (9,496.28 -47.92 -0.50%) and NASDAQ Composite (2,009.06 -19.71 -0.97%) were down almost a full percentage point.
There was even less enthusiasm in Canada, ...
From BILL CARA,
Seeking Alpha,
1 Sep 2009
The US equity market indices dropped quickly in a sell-off that lasted for 30 minutes, then were able to reverse and move higher through most of Thursday.
At the closing bell, the S&P 500 (1,030.98 +2.86 +0.28%), DJIA (9,580.63 +37.11 +0.39%) and ...
From BILL CARA,
ETF Investor,
28 Aug 2009
[Excerpted from Bill Cara's Daily Report]Upward momentum has clearly slowed and traders may be worn out. Forthe first time in many months, a better than expected economic numberenticed sellers into the market rather than buyers. The market peakedearly ...
From BILL CARA,
ETF Investor,
26 Aug 2009
These are indeed interesting times. US equity markets closed Friday at new highs for the year. They started in rally mode because of the past two day’s rally in Shanghai stocks that followed a drubbing the day before that. Then at 10am ET, there was ...
From BILL CARA,
ETF Investor,
23 Aug 2009
Financial stocks (XLF +2.6%) led the charge Thursday in NY. That’s two days in three after being clobbered on Monday. Of course, the Fed conference annual confab at a resort in Jackson Hole Wyoming is underway Friday and the monetary authorities in the ...
From BILL CARA,
ETF Investor,
21 Aug 2009
We may have to wait for that intermediate-term cycle top; Wednesday’s action in US equity markets was bullish from the open, and then overnight there was a return of buyers in the Asia-Pacific markets. Thursday morning has already seen fast markets, ...
From BILL CARA,
ETF Investor,
13 Aug 2009