Market Closes Higher Again, but Trade Falls

by | Dec 21, 2010

Trade falls as stocks rise hitting new 52 week highs.  The big story of the day was the S&P 500 regaining the same level when Lehman Brothers collapsed.  It is hard to believe it has taken over two years to recapture the same levels, but it has been the Federal...

Holiday Shortened Week Kicks off With Gains in Light Trade

by | Dec 20, 2010

A double dose of POMO props up stock prices A quiet day on the economic release front as the Federal Reserve gives the market a double dose of Permenant Open Market Operations buying of United States Treasury securities.  Over the past few days the trend has been the...

Visa and MasterCard Fall as the Market Rises

by | Dec 16, 2010

Volume slides as stocks close just off the highs of the day Volume stumbles ahead of quadruple witching Friday, but stocks rebounded.  Stocks began weak as a better than expected jobless claim figures failed to spark futures.  POMO appeared to be the key driver for...

Sellers Take Control as the Market Ends in the Red

by | Dec 15, 2010

Tame inflation data and better expected manufacturing day did very little supporting stocks as sellers jumped back into the market.  The market did find buyers pushing the market to its highs prior to the noon hour.  Volume was non-existent as the volume run rate ran...