COMMENTARY
Sellers Take Control as the Market Ends in the Red
Tame inflation data and better expected manufacturing day did very little supporting stocks as sellers jumped back into the market. The market did find buyers pushing the market to its highs prior to the noon hour. Volume was non-existent as the volume run rate ran...
Stocks Escape Distribution, but Leaders Weaken a Bit
The market gets a late day save as the NASDAQ escapes back to back distribution days as the Federal Reserve rate announcement induces volatility. In the early going the market did stumble, but buyers stepped up and supported stocks prior to the Federal Reserve rate...
Stocks Fall in Late Trade Ahead of the Federal Reserve
Last hour selling puts the brakes on the current uptrend as volume ends mixed. The Federal Open Market Committee began its meetings today as they mull over rate decisions as well as its current quantitative easing strategy. Volume ended mixed, but was below...
Volume Climbs as Stocks Add to Gains
A better than expect jobless claims figure helped boost stocks at the open. Claims fell to 421,000 and continuing claims fell to 4,086,000. Futures picked up some steam heading into the open providing a decent size gap. Volume exploded out of the gate, AIG helped...
Stocks Finish Higher as Volume Lags
Stocks shake off early morning selling to close just off the highs of the session. After yesterday’s negative reversal on high volume stocks recovered today even as sellers took to the market during the early part of the morning. Volume fell across the board, but...
Stocks Stage Reversal as Volume Soars
Current market rally stalls on volume A brokered deal in Washington on tax cuts and the unemployment extension helped boost futures in the morning. Stocks jumped at the open only to face selling pushing stocks to lows by mid day. Volume on the NYSE was lifted by...
Gold and Silver Shine as Small Cap Stocks Lead Stocks
Bernanke's interview on 60 minutes spark fear over his handling monetary policy Gold and silver soar after Bernanke’s 60 minutes interview on Sunday night. Stocks consolidated nicely with the Russell 2000 index leading the way finishing higher by 4.44 (+.59)...
Stocks Advance as the Euro Rebounds
Stocks approach 2010 highs as European Debt fears subside A bigger drop in jobless claims then expected, did not stop the market from pushing higher closing just off the highs of the session. What did help the market was a jump in pending home sales figures...
Stocks Jump on Global Economic News
“Simplicity is the key to brilliance” – Bruce Lee Stocks turn in a big rebound as economic data in the US and China along with a positive Portugal bond offering help ease the fears of a European debt crisis. ADP Employment change was better than expected as its...
Sellers Dominate End of Day Trading as Volume Soars
European fears spread fast and furious as the monetary union is struggling with its debt crisis Stocks stumble on more European fears as the debt crisis worsens and spreads to more countries. In addition, China signal an interest to raise capital requirements once...
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