COMMENTARY

Europeans got the market started with a jolt from their latest PMI report showing a better expected jump.  The index showed a reading of 56 when the market expected 55 as the reading.  It was all the market needed to push higher.  US futures jumped and held through an...

The market got a jolt of good news from Apple Computer and set up stocks to open higher from the get go.  Traders were falling over themselves to get a piece of the action as volume soared at the open.  Unfortunately, the highs of the day were set at the open and the...

Earnings headlines certainly spooked the market as well as housing data from the start.  Traders crushed the open sending shares down to their lows of the day before rebounding.  Volume rose on the day showing some support for stocks, but still lacked the thunder...

Earnings season is now in full swing and the market rebounded today.  It is quite common for the market to have a natural reaction to heavy volume selling and today wasn't a surprise.  Early in the session sellers took over shortly after the opening sending stocks...

Economic news was either mixed or negative as Producer Prices fell more than expected, but jobless claims dropped more than expected.  Initially the futures reacted positively to the lower jobless claims.  Industrial production even rose a tenth of a percent better...

Intel set the stage blowing out earnings as technology stocks opened higher at the open.  It wouldn't be long before the NASDAQ would challenge its 50 and 200 day moving average.  The market had seemingly put behind any double dip fears and focused on the earnings. ...

There is no more controversy as stocks log big gains as volume rises.  Stocks really got a jolt when the government released its monthly budget figures.  The report showed the deficit was not as wide as expected giving stocks a boost.  Volume rose throughout the day...

Another low volume session as traders await earnings reports.  Institutions like many traders are simply staying on the sidelines as volume suggests.  Stocks did experience a bit of volatility as the morning's high was sold off, but the market did find a bid closing...