The morning got going with GDP coming in-line with expectations. Putrid growth of 1.9% was in-line with expectations, but far from where we should be 3 years removed from 2009 lows. Shortly after the market opened the Supreme Court upheld Obamacare and the market got interesting. Stocks ended up heading lower after creating a bit [...]
Merkel Cancels Meeting Sends Stocks off the Lows of the Session
Posted on June 28, 2012 // Leave a Comment
ORCL Stock Blast Higher After Earnings, As The NASDAQ Follows-Through
Posted on March 24, 2011 // Leave a Comment
Just after a few weeks of a market correction the NASDAQ notches a follow-through day. A late day push from buyers helped edge the NASDAQ enough to meet the technical requirement of a follow-through day. Yesterday we did see a few market Leaders breakout and today a few more a positive signal this market does [...]
Jobless Claims Fall Stocks Rise in Brisk Trade
Posted on March 3, 2011 // Leave a Comment
Buyers cheer lower oil prices and better job outlook A big drop in jobless claims along with better than expected readings from the ISM Non-Manufacturing sector helped boost stocks. AAPL stock lead the NASDAQ higher as buyers jumped in and bid up shares in anticipating of exploding iPad 2 sales. RIMM stock was another big [...]
AAPL Continues to Hit New Highs as the Market Rebounds in Fast Trade
Posted on February 16, 2011 // Leave a Comment
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 [...]
DELL Lifts on Buyout Rumor as AAPL sinks Volume ends Mixed
A very quiet day as volume on the NYSE runs very light below Friday’s level. AAPL, RIMM and DELL shares supported the higher volume on the NASDAQ, but were unable to push the NASDAQ into the green. AAPL was able to close above $500, but it continues to come under selling pressure. The DELL news [...]