Stocks Rebound back to Last Week’s Highs

A disappointing day for economic data as Retail Sales and Empire Manufacturing missed their targets. Empire Manufacturing fell well below expectations indicating a slowing at least in the manufacturing sector. Buyers would quickly step in despite a sluggish start and...

Stocks Slide as Traders Await FOMC Rate Decision

A typical trading session for a Monday as volume came well under Friday’s level. It is an option expiry week as well as a FOMC meeting week. Thursday is the big day where we will find out if the Fed will raise interest rates for the first time since the financial...

Stocks Open the Week Lower

The market entered a historically weak period with sellers winning the day.  Leadership thinned even further today.  Leading the market lower was once again small cap stocks followed closely by the NASDAQ Composite index.  The Dow Jones Industrial Average continues to...