COMMENTARY
AAPL Stock Dives Lower Dragging the NASDAQ Down
Heavy volume selling grips Wall Street as stocks finish near the lows of the session. The early going despite the rise in prices and a large drop in housing starts was going well as the market was able to climb into positive territory. However, as the EU Energy...
NFLX Stock Bucks Market Trend as Stocks Close Well Off the Lows
News about more explosions out of Japan continued to rattle the market and it wasn’t just the nuclear power plant. Nikkei closed down more than 10.55% after sellers hit the market hard after new explosions were heard and seen. US Futures took a big haircut as fear...
AAPL Stock Rises in the Face of Selling from the Crisis in Japan
Stock Market Remains in Correction Futures were rattled on Sunday evening with the news of meltdowns at Japanese nuclear plants. As news about explosions rocking power plants panic selling began in the futures. The markets opened and upon opening buyers seemed to...
Stocks Take a Dive as Sellers Take Hold of The Market
Market correction deepens as volume swells across the board Economic news helped fuel the fire in sellers pushed stocks lower at the open. Volume swelled on the NYSE and NASDAQ as institutions rushed into the market to dump stock. The market has been under pressure...
Stocks Fade as the NASDAQ 100 Stocks Weigh on the Market
Semiconductor stocks lead the market lower in mixed trade Better than expected crude inventories kept crude oil at bay, but did little to help out stock prices. Lower on the day was the Philadelphia Semiconductor Index (SOX index) fell more than three percent sending...
NFLX Stock Drops in Heavy Trade as the Market Grinds Higher
Stocks rebound on light volume after Monday's heavy volume decline Facebook released news it would begin streaming movies from the site as another entry into NFLX stock’s neighborhood sent the stock lower. The decline did not stop the Russell 2000 from gaining over...
Late Day Buying Helps Keep the NASDAQ Above a Key Moving Average
A red day on Wall Street for technology stocks as the NASDAQ marks another day of distribution. The day started off on the right foot as there were gains across the board. Sellers took to the market very quickly and did not let up. Relief came in the final hours of...
Jobless Claims Fall Stocks Rise in Brisk Trade
Buyers cheer lower oil prices and better job outlook A big drop in jobless claims along with better than expected readings from the ISM Non-Manufacturing sector helped boost stocks. AAPL stock lead the NASDAQ higher as buyers jumped in and bid up shares in...
AAPL Rises with Steve Jobs on Stage
Stocks stage weak attempt at rebound, but remain above key support levels Following up nasty selling the market rebounds in weak trade. AAPL stock tried to gather some traction as Steve Jobs revealed the new iPad. ORCL stock tried to regain its 50 day moving...
AAPL Stock Slumps As the Market Sells Off in Fast Trade
Market is in correction as we stated last week, selling continued in fast trade Middle East fears helped push crude above $100 a barrel while sellers were busy taking stocks lower in heavy volume trading. Despite the positive open it wasn’t too long before selling...
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