The market finally bounces from oversold conditions as volume ends mixed. Volume rose on the NYSE and NASDAQ exchanges, but SPY and QQQ volume remained light. Retail sales jumped more than expected helping set the tone early on. Sellers got the upper hand on the NASDAQ, but were quickly turned away as stocks zoomed higher [...]
NASDAQ Breaks Six Day Losing Streak; C Jumps more than 5% on Earnings
Posted on October 15, 2012 // Leave a Comment
The Market Ends Higher in Anticipation of Earnings
Posted on October 18, 2010 // Leave a Comment
After-hours trading shows earnings disappointment, but the market still is in a healthy uptrend Earnings were the main story today aside from further talk about Quantitative Easing and the Foreclosure crisis. Citigroup (C) lead off the string of earnings as the market cheered its earning release sending the stock as well as other financial stocks [...]
Leading Stocks Advance as Volume Swells
Posted on October 5, 2010 // 1 Comment
Positive Economic Data helps stocks push higher What a difference a day makes as stocks reverse Monday’s losses and zoom higher in increased trade. Volume swelled as traders piled into stocks and with a positive ISM non-manufacturing report the market had all it needed to close higher. The S&P 500 was able to clear last [...]
AAPL Suffers as C and BAC Enjoy Big Moves
A wild day on Wall Street as stocks stage an intraday reversal only to give back gains at the close. Once again the market was ready to fall apart and we were able to find buyers at the lows. AAPL tumbled hard while BAC and C raced higher. The market liked these two gigantic banks [...]