Carbon-Dioxide: the gas of life!
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The Stock Market Is Waiting to Exhale
The Hump Day cometh as we fire up our systems to find more of the same: The world of Wall Street is waiting to exhale. As the bulls knock, knock, knock on heaven's door -- also known as S&P (INDEXSP:.INX) 1850 in less colorful terms -- the ability to clear that hurdle will go a long way in providing the near-term direction for the next leg for the tape. A few observations on this technical toggle: 1. Given the collective focus -- and everyone is watching this -- we must be careful of false signals, at least initially, as the market tends to pave a path of maximum frustration. 2. Conventional wisdom is that we're ... (full story)