Daily Commentary

FRIDAY, September 5, 2008

The potential buy list continues to grow. It is the longest the list has been in 2008 and one of the top potential buy lists since we started writing in this column. That is the good news because it means the indexes are getting there in terms of reaching an oversold level. The bad news is ... >More...>

WEDNESDAY, September 3, 2008

Back and forth we go. With all this back and foth is it time to give up on the current buy signal. Maybe but not yet. We need to pay careful attention here. >More...>

THURSDAY, September 4, 2008

The S&P 500 begins to move above and below the 0 line on Madison once again. This is the second day below that level and we will continue to watch for further erosion. The game plan would be for the market to right itself here just as speculators begin to lean to a short bias. >More...>

TUESDAY, September 2, 2008

Welcome to the Fall trading session. As we enter a return of all the “big dogs” to their desks markets will continue to prove challenging. Friday’s action clearly illustrates the difficulty as heavy selling follows strong action like was seen on Thursday. Madison Scores on the major indexes remain ... >More...>

Gold and Energy Advisor interviews The Madison Letter