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Stocks Rally After Falling to Price-Support Levels; Oil Rebounds

01/16/15: The major U.S. stock market indices rallied today after falling to price-support levels on Wednesday and Thursday. A rebound in oil prices added to today's gains, with futures contracts on West Texas Intermediate Crude Oil rising by 5.3%, as compared to the prior day.


Strong November Retail Sales Suggest Stocks Will Continue to Trend Higher

12/12/14: The U.S. Department of Commerce reported yesterday that sales at U.S. retail outlets rose considerably during November in spite of weak sales at brick and mortar stores over the Thanksgiving weekend. That report follows a strong employment report issued last Friday by the U.S. Department of Commerce.