A Wild Ride as Stocks Close Mixed

A pop at the open was quickly erased as sellers rushed into the market pushing to the lows of the session.  Case-Shiller home prices showed some decent gains helping ease some of the premarket selling in futures.  The selling came fast and furious, but in this...

Nasty outside Reversal Casts Shadow over Markets

Early morning rise in futures and subsequent open to the market eventually caved and ushered in heavy volume selling.  Markit released its PMI reading and it was slightly weaker than expected, but did not hold back the equity markets from rallying just after the...

Markets Rebound from Friday’s selling

Friday’s session, on the face of it was troubling after fears over global issues and a Bloomberg outage.  However, today’s rebound was a good sign as the selling did not follow-through.  We continue to see a lack of follow-through on either side of the market here. ...

Stocks Erase Early Losses; Volume Creeps Higher

Coming off a long weekend after the Easter Holiday traders had a chance to digest a very disappointing non-farm payroll figures.  Today’s ISM Non-Manufacturing figure came in as expected, but failed to really wow from an economic standpoint.  Prior to the 10am release...

Stocks Rebound after Friday’s Dismal Session

Despite a seemingly solid jobs report sellers took to the market slamming it hard.  Volume was up big on Friday as sellers were eager to dump stock.  Today’s session was complete opposite where selling did not follow through and volume slumped.  AAPL had a big day as...