Hawkish Fed Sends Stocks Lower

The market received an early boost from AAPL and YHOO, but it would not last long.  All eyes were on the Federal Reserve and its policy statement.  Many were expecting the normal dovish Fed waiting on raising interest rates.  However, the Federal Reserve turned...

Stocks Runaway from All-Time Highs; NASDAQ ends Lower

Today’s session started out as a decent day on the street ended in a sour mood. Pundits are blaming a timely quote from Icahn expressing his concern over the market and a possibility of a near-term correction. At this point, who hasn’t said this? Volume ended the day...

BAC and YHOO Soar as Stocks get back on the Winning Track

Poor housing data kicked off the morning with Mortgage Applications falling along side Housing Starts and Building Permits. However, the data wouldn’t keep stocks from ending positive as Bernanke’s testimony and continued to press the Fed would remain accommodative as...

S&P 500 Hits another High as Crude Oil Nears $100

Once again buyers support the market at the lows. It has been the trend as of late to find buyers as the market appears to be in free fall. Positive data from Case-Shiller did help the mood. Volume rose on the day across the board showing institutions were quite...