Nictech

Earnings from Goldman Sachs helped boost stocks higher at the open, a positive earnings report helped ease fears United States Banks were fragile. Sellers quickly took over the market and sold off stocks and a battle for surpremency wore on. Buyers quickly took over and remained in control for the remainder of the day. However, [...]

Jobless claims slipping to 565,000 was an unexpected drop in claims providing a positive kick to the morning start. However, insitutional investors were not impressed as volume slumped at the start and throughout the remainder of the trading day. Stocks spent much of the day in lackluster action unable to sustain any trend. Thursday’s stock [...]

Even lighter volume returned to the New York Stock Exchange as the NYSE indices closed near the lows of the day. Over on the NASDAQ composite the index was slammed closing near its lows undercutting a key pivotal point. Volume indications are mixed as a few sources have volume higher while another has it lower. [...]

It was clear from the start, Small Caps were leading the way at the beginning of the third quarter. Mixed employment figures from the morning held back stocks until ISM released its manufacturing report showing an increase over what was expected. Small caps and the NASDAQ began to soar on volume as traders rushed in. [...]

Small caps suffer the Russell Rebalance hangover while the S&P 500, Dow Jones Industrial, and NASDAQ enjoy gains on lower volume. Volume fell sharply from Friday’s inflated levels and was even lower than Thursday’s level. Monday’s action did resemble typical window dressing action the market experiences at quarter’s end. Leaders were mixed, but the positive [...]