Correction Deepens As Sellers Step Up Knocking Over Bulls

by | Jan 28, 2010

The market received another jolt of selling as traders dumped stock.  President Obama’s State of the Union address failed to inspire Wall Street to push stock prices higher.  Even with the Federal Reserve holding steady with its game plan Wall Street simply wasn’t...

FOMC Rate Decisions Sparks Buyers as Volume Rises

by | Jan 27, 2010

The correction didn’t end today, but buyers stepped up with volume behind them.  Stocks set a new low for the current correction after New Home sales unexpectedly slowed in December.  Selling pressure slowed as traders began positioning themselves for the FOMC rate...

Stocks Fail to Hold Gains as Volume Increases

by | Jan 26, 2010

Sellers took over in the last hour sending the major indexes near the lows at the close.  When you have a market in correction late day sell-offs are not unusual, but expected.  Volume was higher on the day indicating institutions were willing to dump stock at lower...

The Market Rebounds after Last Week's Decline

by | Jan 25, 2010

Stocks relieve oversold conditions by ending the day higher on lower volume.  Financials gave the S&P 500 a boost, but volume lagged.  The lack of volume is something we’ve seen with this market after it has suffered bouts of intense selling.  Like the S&P 500...