Biotech Slumps; Dow up 125 points

Overnight futures were higher coming into the open as hopes over MORE QE spread like wild fire. Existing home sales dropped more than expected leading to questions over the stability of the housing market. Just before noon time Hillary Clinton’s tweet over price...

Late Day Selling knocks Stocks Lower

All appeared well until the final hour of trading. Retail sales kicked off the morning with month-over-month figures coming in-line expectations. Crude oil continues to sink to multi-year lows and there is no end in sight. This market simply could not follow-up...

Markets Erase Losses; Volume Jumps

A wild day on Wall Street as the stock market takes a roller coaster ride finishing in the green. Volume jumped day-over-day as selling volume was gigantic early this morning. AAPL kick started the rally with its losses being reversed by lunch time. Others followed...

Afternoon Selling Knocks Stocks off their Highs

A weakier than expected ADP report pushed futures higher prior to the open. Weak data is perceived as a positive as the Federal Reserve is data dependent. Any possibility the Fed pushes out hiking rates will be seen as a positive. DIS shares were lower as the company...

August Kicks Off with Weakness

A barrage of economic data cross the wires this morning helping push futures higher at the open. Seasonality continues to prop up economic data, but the market simply has either moved past or continues to ignore lackluster data. Today’s market saw its ups and downs....