Volume Eases as Stocks Continue to Digest Gains

Volume Eases as Stocks Continue to Digest Gains

by | Jan 6, 2010

We viewed today as a positive development in the market.  Stocks simply do not move in a straight line up or down and need consolidation areas.  The past two days we have been digesting price gains, quite healthy action.  Volume is no doubt up from the holiday week,...

Stocks Grab Support as Volume Rises

by | Jan 5, 2010 | 1 comment

The market was dealt two blows with one coming in the morning and early afternoon.  The first was when pending home sales figures were released at 10am showing a significant drop of 16%.  Economists were expecting a nominal drop of 2%, naturally traders sold the...

Stocks Post Gains to begin the New Year

by | Jan 4, 2010

Traders ushered in the New Year by pushing stocks higher.  The US Dollar was the focus during the early going as commodity prices rose.  However, a positive manufacturing report gave the market even more fuel.  Many leading stocks moved quite nicely adding...