Stocks Shrug off Jobless Claims and Close Higher

The market followed a similar pattern to Wednesday’s action. A mid-morning drop in equity prices was met by buyers pushing stocks to the highs of the day. There was no late day sell off, but volume dropped off a cliff. Jobless claims jumped higher than expected and...

Germany and France Calm Greek Fears Stocks Respond

It is clear as day the NASDAQ Composite index is the leading index of this market. Technology stocks have been big winners since the August decline. About mid-morning rumors were swirling the Austrian Government voted no on a bailout package for Greece. Sellers, or...

Stocks Enjoy another Day of Wild Swings, but End Higher

Just another day on Wall Street as volatility reigns supreme as the European issues continue to be front and center. Evidently the BRICs are now entering the fold as one to help out the troubled banks in European, but it won’t ultimately slow down the freight train of...

Chinese Save the Day; Stocks Close Higher as Volume Lags

Coming into the week more concerns over a Greek default piled onto an already unstable market. Fear has gripped this market and it doesn’t surprise us. Monday’s trading session was filled with wild swings that would make most violently ill. Day traders delight...