Stocks Rally as Fed Vows to Keep Rates Low

Stocks Rally as Fed Vows to Keep Rates Low

Stocks rally hard as the FOMC vows to continue to keep rates low for a considerable amount of time. The market brushed aside fears over a default in High Yield land and even Russia for a day. Market pundits focused in on the Fed and what their decision would mean for...
Stocks Take a Wild Ride; Russian Situation Worsens

Stocks Take a Wild Ride; Russian Situation Worsens

As crude continues to fall worries over high yield debt are not working their way into Russia.  Overnight the Russian Central Bank raised rates to stem the flow away from the Russian markets.  Futures were all over the place prior to the market open, but as the opened...
Distribution Day Hits Stocks; AAPL Releases New Products

Distribution Day Hits Stocks; AAPL Releases New Products

Turnaround Tuesday went in the opposite direction today with stocks falling on higher turnover as small cap stocks once again lead to the downside.  Just after the announcement of the new product lineup out of AAPL it appeared as if this market would rally.  However,...

Distribution hits the Market despite Banks moving higher

Void of economic data early morning futures were lower on the back of European stocks and Nikkei futures moving lower. Volume started the day mixed, but gained momentum throughout the session. Even though today’s session was a technically a distribution day we were...