This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Markets Look Ahead: Dave's Daily

Investors must be looking ahead to good employment reports to bid markets higher. Further, let's face it, it's the end of the quarter and there's some window dressing in place. Monday's volume was pathetic and Tuesday wasn't much better. The "bad news is good and good news is better" theme remains dominant. With the former, interest rates will stay low when the news is poor such as with today's crummy Consumer Sentiment report which was described by some bulls as not being "worse than feared". But, even if so, bulls like the poor news since the theme remains in place.

Other than Consumer Sentiment there was little news other than Home Depot will buy back some outstanding shares.

Commodity prices like bad news as well since their rise means continued easy money policies.

The most meaningful information comes from our own Federal Reserve in St Louis. The chart below shows the massive amount of liquidity, $500 billion since the beginning of 2011, the Fed has added to the system. This is probably all you need to know why stocks overall are rising.

Volume remains quite low which has been this rallies signature since Labor Day--low volume rallies, high volume sell-offs. Breadth per the WSJ was quite positive.



You can follow our pithy comments on twitter and join the conversation on facebook.

Continue to U.S. Sectors, Stocks & Bonds

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SPY $206.32 -0.93%
IYZ $30.25 -1.20%
XRT $101.39 -0.19%
XLE $77.38 -0.85%
QQQ $105.54 -1.10%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs