From the Trading Desk

Bernanke’s Hint at QE3 Fails to Keep Stocks at Intra-Day Highs

Ben Bernanke got the market off on the right foot after the 10am EST hour. Stocks were giving up early morning gains prior to Bernanke’s testimony in the House. The market cheered as the possibility of further easing, or what it is in reality printing money was put back on the table. Stocks stormed higher [...]

Financials and Semis Drag Down Stocks in Increased Trade

More fears over in Europe crept into the market during the early morning going. The market was able to tread water throughout the day, but volume was moving to the upside and with authority. Institutional players stepped up a bit today and showed their true hand, net sellers. While the FOMC meeting minutes provided 20 [...]