S&P 500 raillied over pre-Lehman level

Market Commentary

The S&P 500 closed 1,258.84 yesterday, it has stayed above the psychological Lehman level of 1251.70. One Sep 15, 2008, Lehman Brother’s bankruptcy has led the quity benchmark

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More correlation between stocks and oil

Market Commentary

Crude oil is now influenced more by the stock market than by its own inventory levels or demand patterns. Lately, that lockstep has reached an extreme, with the

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S&P 500, The end of Elliott Wave?

Market Commentary

Last night, Stocks surged, sending U.S. benchmark indexes up the most since May, while the dollar and Treasuries slid as growth in American retail sales bolstered optimism in

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