Market Commentary

A merger between the two largest pharmacy-benefits management companies in the country has given both stocks a nice boost today.

The U.S. IPO market was red-hot last quarter. But in most parts of the world, companies were very reluctant to go public.

On the heels of an epic four-month run, it seems that Apple (Nasdaq: AAPL) stock is finally showing signs of weakness.

It was a big first quarter for U.S. stocks. But Venezuela, Japan and other financial markets around the world had even better quarters.

The market declined yesterday - sort of. Many indices sported declines but nothing all that severe and nearly all major indices finished the day above the session's lows.

The current rally has defied all odds. But history tells us that Dow stocks should experience a pullback on the final trading day in March.

If someone were to predict that a public company with a $382-billion market cap would see that market cap rise nearly 50% to $572 billion in less than three months, I would view that someone with rightful skepticism...

The market declined yesterday, but did the bears do any real damage? Volume shrank and advancers were outpaced by decliners by 2 to 1. That is not heavy selling.

Best Buy (NYSE: BBY) may be a misnomer considering how rapidly the stock is falling today.

Despite the near-term bullish setups I remain skeptical about the upside from here. The bulls have carried the indices 11% higher this year. Also, pullbacks have been short and shallow.