Posts Tagged ‘portfolio diversfication strategies’

Turnaround Tuesday or Don’t Fight the Trend?

By Kristina Zurla Landgraf • Jun 2nd, 2009 • Category: Broker Commentary, Market Updates, Trader Viewpoints

June kicked off with a big bang, as stocks and many commodities hit new highs for the year. Is it time for a breather? Lind Plus Senior Market Strategist Jeff Friedman said “today could be a turnaround Tuesday” as bulls take some profits. “The signs are coming for a stronger sell-off,” he added. Technical momentum [...]



Stocks and Crude Oil Diverge

By Kristina Zurla Landgraf • Feb 6th, 2009 • Category: Broker Commentary, Market Updates

This morning’s bleak (as expected) employment report showed an uptick in the unemployment rate to a 16-year high at 7.6 percent. The stock market did not sell off, which the media took to mean the dire economic situation would force through a new stimulus plan. Crude oil, however, slid to a two-week low under $40 [...]