COMMENTARY
Stocks Close Green as the Market Notches its Third Straight Month of Gains
The market closes the books on February ending higher for the third month in a row. At the close volume jumped pushing volume much higher across the board as institutions jockey for end of the month position adjustments. After the morning buying action the market...
PCLN Stock Jumps as the Market Ends Mixed
The NASDAQ rebounds from recent selling while NYSE indexes fall in light trade Jobless claims dropped much more than expected fueling futures to rally off session lows and power a buying surge at the open. Buying continued to about 10:30 when the buying interest...
AAPL Stock Finds Support, but the Market Falls in Fast Trade
For the second straight day sellers took to the market knocking stocks lower in fast trade. Wednesday’s market was able to see intraday support off the lows as the NASDAQ hit its 50 day moving average. The intraday rally did faed into the close, but stocks did find...
Leading Stocks Like AAPL Get Hit Hard in Heavy Volume Selling
The wave of anti-government demonstrations moved is way into Libya over the weekend causing havoc amongst equity markets. Even better than expected Consumer Confidence figures as well as Richmond Fed Manufacturing couldn’t entice buyers to prop up the market. Heavy...
Stocks Gain Despite Inflation News
AAPL weighs down the market as trade slows Early morning selling gave way to buyers despite AAPL stock performance after the National Enquirer posts a picture of Steve Jobs. Once again, another picture surfaced of Steve Jobs entering a cancer clinic and the stock...
AAPL Continues to Hit New Highs as the Market Rebounds in Fast Trade
Small cap stocks jump as the Russell 2000 leaps more than 1% as volume jumps across the board. The NASDAQ gained 76bps on volume nearly 14% higher than yesterday’s level led by DELL stock after better than expected earnings. Better than expected housing numbers and...
Distribution Day Hits Wall Street as MSFT and ORCL Slump
Stocks fall in heavier trade ahead of the release of the FOMC Meeting Minutes The market falls back on heavier trade as the NASDAQ adds another distribution day to its count. Despite AAPL stock efforts the selling in ORCL stock and MSFT stock continue to weigh down...
NFLX Stock and NASDAQ Notch 52 Week Highs
AAPL stock helps the cause as stocks close higher on lower trade Volume drops across the board as the Dow closes in the red for the 2nd time in 3 days. NFLX stock and AAPL stock continue to power the NASDAQ as both continue to add to their gains. NFLX stock once...
The Market Stages Intraday Reversal as CSCO and MSFT Weigh the NASDAQ Down
Buyers step up as leaders continue to shine A better than expected jobless claims figure couldn’t help stem the selling pressure placed upon the market by CSCO stock. Panic set in very early on and the market appeared to be succumbing to the selling pressure. ...
CSCO Earnings Disappoints as the NASDAQ Notches a Day of Distribution
AAPL Stock Hits Another High as the NASDAQ Sees Heavier Volume Selling Selling pressure hits the market, but the Dow notches its 8th straight day of gains thanks to a strong performance from DIS stock. DIS posted strong earnings after yesterday’s close boosting...
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