COMMENTARY
Late Day Selling Throws a Dent in Day's Gains
Good housing data fails to spark buyers, but stocks end in the green. An unfortunate reversal at the end of the day leaves a sour taste in the mouths of traders. A better than expected existing home sales figures did give a temporary boost to prices, but it quickly...
Stocks Get Late Day Rebound to Close in Positive Territory
Traders get whipsawed as stocks digest earnings reports A roller coaster day for the market as stocks finish in the green, but coming back after sellers took to the market. The NASDAQ hit a wall just after eleven am today falling to its lows by two o’clock. Today’s...
Stocks Rebound from Tuesday's Losses
Late day selling ends stocks off the highs as volume slows Late day selling put a cap on the day’s excitement as stocks rebound from Tuesday’s heavy distribution day. All eyes would point to the Federal Reserve’s release of its beige book at 2pm EST. Prior to the...
Heavy Volume Selling Sweeps Through the Market
The market suffers a major distribution day Technology earnings and banks sent stocks lower throwing up a day of distribution for the entire market. It has been a long time coming for a day like today where distribution of the heavy kind overwhelms the market. A few...
The Market Ends Higher in Anticipation of Earnings
After-hours trading shows earnings disappointment, but the market still is in a healthy uptrend Earnings were the main story today aside from further talk about Quantitative Easing and the Foreclosure crisis. Citigroup (C) lead off the string of earnings as the...
Top Current Holdings With Total Returns And Date Of Purchase
Long 56 stocks 98-100% invested on full margin. All longs listed were posted on the website before being purchased for subscribers of the silver, gold, and platinum packages under the 'new longs' section. stock symbol - total return - date of purchase JKS 138% 7/13...
Bank and Education Stocks Weigh on Stocks
The market side steps a distribution day consolidating recent gains. New banking fears helped push stocks lower, but a late afternoon buying spree lifted stocks off the lows of the session. Today’s consolidation was not out of the ordinary considering the move in...
Stocks Slide in Last Hour of Trade, but End Higher on Volume
Current uptrend logs another day of accumulation Late day selling dampened the mood, but an overall positive day in the markets. Volume jumped across the board as the market mostly cheered about positive earnings reports and tepid inflation readings. Import prices...
Traders Push Stocks Higher in Higher Volume
The market responds positively to the Federal Reserve's meeting minutes The story of the day was the Federal Reserve meeting minutes and the action in the early going highlighted the importance of the minutes. Stocks fell in early trading after a lower than expected...
Columbus Day brings Light Volume
Stocks close flat as holiday trading leaves volume on the light side Holiday trading dominated today’s market with volume coming in very light as stocks closed flat. Much of the talk on the street surrounded another round of QE by the Federal Reserve Bank. The...
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