Editor's Note: The following article was written by Raymond James Chief Investment Strategist Jeff Saut. It has been reproduced with permission for the benefit of the Minyanville community.&lsq

IEA Cuts Oil Outlook The International Energy Agency cut its long-term forecast for world oil demand due in part to lingering effects from the global recession, as well as new policies designed to cu

Yesterday the Fed gave investors a reason to take profits, today it was existing home sales data.For the month of August, existing homes sales came in at 5.10 million vs. 5.35 million consensus estim

Welcome back, I hope everyone had a great weekend. Unfortunately, the stock market decided to take a three day weekend as today’s action was dull. The S&P 500 finished the day lower by -0.3

New day, same story on Wall Street.Today’s rally was ignited by comments by Treasury Secretary Tim Geithner to the Congressional Oversight Panel. Geithner hinted at a shift in strategy from res

Stocks rose a for fourth successive session, though gains were pared in the afternoon after the Fed threw the Beige Book at equities. A Stone has fueled concerns the market is about to hit a brick Wa

It seems like commodities are in style once again. Last week gold was the story, and this week its crude oil making a large move. Black gold finished the day higher by 4.85% to 71.30. While the yello

The market kicked off the week with a down day but this shouldn’t come as a surprise to investors after a 4-week run that saw the S&P 500 move up by more than 15%. The popular averages were

If I had one word to describe today’s trading action, I would use nothing. As in nothing happened today in the market, it did nothing or at least that’s what it seems like on the surface.

We haven’t had a trading day like this in some time: Traders who bought the 2-month trading range sold into today's panic, bonds and the yen rallied, crude oil sold off again -- and did I menti