The Nasdaq's impressive performance last week likely signals additional bullish potential. It is noteworthy that mid and small-cap stocks have significantly outperformed the broad market. Deron Wagner is now watching for broad market confirmation by the S&P 500 and the Dow.
The weak NFP data on Friday was interpreted by many market participants as good for equities as it should prolong and enhance the Fed program of Quantitative Easing.
Why is it that the Irish must take upon themselves the debts of their banks, which in reality are debts owed to German and French banks? Why should the Germans bail out the Greeks and the Spanish?
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