Market Outlook – Tuesday August 07, 2012

Monday Roundup: Global markets continued their upward march started by the encouraging US payroll report on Monday. North American stocks closed off their best levels of the day and the volume was lower – 75% of Friday’s level for DJIA. US indices raced out of the gate at the 9:30 AM open and then plateaued at their…

Around The Net In Ten Posts – Tuesday August 07, 2012

Here is what I am reading: Orders and Production: No Time for Complacency (Mauldin Economics) Goldman Sachs’s MIST Topping BRICs as Smaller Markets Outperform (Bloomberg) Has CNBC Lost its Mojo? (A Dash Of Insight) Stocks regain upward bias (MarketWatch) Follow the Money: 5 Extremely Cash-Rich Stocks (Minyanville) The Lead-Lag Report: Melt-Up Redux (Minyanville) Bullish Set-Ups…