COMMENTARY
North Korea and PIIGS Weigh on Stocks as Volume Rises
Fears rise over PIIGS bailouts and potential war in the Korean Peninsula scare traders away from stocks The markets were rocked with news out of the Korean peninsula where North Korea and South Korea fired upon each other. Futures weakened considerably throughout the...
Stocks Shake Off Insider Trading Probes to Close at the Highs
The NASDAQ notches gains on volume as market leaders continue to show strength The euphoric reaction Sunday evening to the Irish bailout news did not last very long. Futures continued to erode their gains as the open neared. Buyers initially were able to prop up the...
Reversing Course Stocks End the Day off the Highs but with Big Gains
Better than expected jobless claim figures and a big jump in Philadelphia Fed index pushed stocks higher. Volume rose across the board as traders rushed to get back into stocks. Late day selling did knock stocks off their highs of the day, but gains were plentiful...
Late Day Volatility Brings Excitement as the Market Awaits GM's IPO
Market leaders did little to inspire, but we held Tuesday's low The market did very little to calm the nerves of anxious bulls as the Dow closed slightly lower while the S&P 500 closed just higher. Volume ran lower across the board as the market was able to hold...
Stocks Tumble in Heavy Trade As Fears over Economic Conditions Grow
European Debt Crisis 2.0 and Chinese Inflation strike fear in the market. “If a tree falls in the woods and no one is around, does it make a sound?” There were plenty of traders around to see the market make take a dive to close lower (NASDAQ) for the fourth straight...
Volume Slides, but Late Day Sellers Push the Market to the Day's Low
Merger Monday fails to spark buyers Late day weakness left a sour taste in traders’ mouths as late day sellers closed out the market near session lows. Mixed economic data got the day started with a better than expected Advance Retail Sales figures surprised the...
Market Rebounds Despite CSCO's Dismal Performance
Small Cap stocks lead the market higher along with the S&P 500 Dominating the trading was CSCO as the stock traded over a half of a billion shares as the company said it was “surprised” by the most recent quarter. CSCO trading accounted for the majority of share...
Stocks Rebound Intraday as CSCO Falls in After-Hours Trade
Dollar trips up reverses to close near the lows of the day helping stocks turn intraday The real story was the after-hours action in CSCO after it reported earnings. Intraday stocks found support as the dollar reversed and closed lower on the day. Volume came in...
Dollar Rallies Sending Stocks Lower
Stocks end lower, but a last minute rally saves the market from closing on its lows Distribution hits the market as the dollar rallies and stocks fall. Volume rose across the board from Monday’s level. Selling accelerated late in the day as the dollar continued its...
Testimonial
Hi Josh/MS This is a short thank you for starting me out on my first year of investing. I have two accounts; one ended my first year up around 20% and the other down around 20%. Both were the same size so I'm flat for the year. The one down 20% I traded options on....
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