From the Trading Desk

Stocks Climb off the lows of the Session and Closed in the Green ahead of GOOG Earnings

The market was able to push higher despite disappointing news from existing home sales as well as data from the Richmond Fed manufacturing index. Existing home sales were expected to rise 1.2% but fell 1% and last month’s big number was revised from 5.9% to 4.8%. Richmond Fed manufacturing index fell to -12 while the […]

Volume Jumps as Leading Stocks Slump

A big distribution day strikes the market, but the real story is how leading stocks fared in today’s session. While we can focus on INTC, AA, or CSCO the real story is how leading stocks acted today and what they are foreshadowing. Distribution days happen in uptrends and are quite normal. However, today’s action in […]

AAPL Continues to Hit New Highs as the Market Rebounds in Fast Trade

Small cap stocks jump as the Russell 2000 leaps more than 1% as volume jumps across the board.  The NASDAQ gained 76bps on volume nearly 14% higher than yesterday’s level led by DELL stock after better than expected earnings.  Better than expected housing numbers and tame PPI figures helped get the market off on the […]