COMMENTARY
Stocks Finish off the Lows as Volume Drops
Settling near the highs of the session stocks put in a solid day of consolidation. Volume fell more than 20% across the board, a very good sign institutions weren’t selling. After such a big run up, a day or two of consolidation is a very healthy signal. Crude oil...
NASDAQ Closes off its Highs as Volume Slides, but Above Average
The market ended off the highs of the session, but with volume coming in lower we avoid a day of stalling. Russell 2000 small cap index raced higher tying the NASDAQ composite for the top index of the day. Interestingly, enough both indexes have yet to have the golden...
Facebook $FB Files for an IPO as a late day sell-off takes down the S&P 500
The big talk of the town was FB filing for its IPO. Despite the news of the IPO sellers hit the market late day pushing stocks from its highs. Over at the NASDAQ despite sellers on the NYSE the NASDAQ appeared to be somewhat immune. Volume soared on the NASDAQ as...
January Closes with a Whimper; AMZN Disappoints After Releasing Earnings
The early morning jolt higher the market was hit with unexpected disappointing economic news from the Chicago PMI and Consumer Confidence. While it did appear the market was heading for a day of distribution buyers stepped up just after the lunch hour. Financials...
New Stock Market Article At The Motley Fool
Three Stocks That Should Be On Your Watchlist
Closing off the Lows, Stocks Show Resilience
While market pundits wait for a Greece and its creditors to come to an agreement, stocks quietly put in a solid day. At the open it did not appear stocks would have a good day as the market pulled back nearly one percent. Small cap stocks were having a difficult time,...
New Stock Market Article At The Motley Fool
A Handful Of Stocks Ready To Move Higher
Leaders Turn Lower as Stocks Reverse Hard
The NASDAQ notched its first day of distribution after putting in a new high in the most recent rally. A solid durable goods order number helped push the market higher. However, a bigger expected drop in New Home sales didn’t help and put pressure on stocks. It wasn’t...
Fighting the Fed is Futile; AAPL and Bernanke Send Stocks Higher
Stocks were weak to begin the day as pending home sales were weaker than expected. The weakness didn’t last very long as traders and investors were positioning themselves ahead of the Federal Reserve policy statement. By noon, stocks were at session highs, but it...
AAPL Blows Away Earnings in After-Hour Session
Another great day for the stock market as again buyers step up and support the market. The market did get help from the Richmond Federal Reserve Manufacturing index as it came in better than expected. However, the market turned its attention to AAPL’s quarterly...
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