Russell 2000 Leads Stocks Higher

Another wild intraday session for stocks, but buyers were able to win out at the end of the session.  Volume on the exchanges was mixed, but the major indexes saw volume lower on the day.  Over the past two sessions the market has been able to work off oversold...

GDP Blows Past Estimates; Stocks Pullback in Light Trade

The big story to start the session was the big upward revision of the second quarter GDP.  Expectations were for the second quarter to have grown at 3.9% annualized rate, but revisions were well past that at 4.2%.  The revision was great news for the economy, right? ...
Gold breaks loose; S&P 500 ends in Record Territory

Gold breaks loose; S&P 500 ends in Record Territory

Stocks traded in a tight range, but it was GLD leading the way higher.  Overnight the Nikkei broke out in heavy trade a good sign for Japanese stocks following the move yesterday.  It is clear there is a new uptrend in GLD from today’s move as well as US stocks and...