Earnings sink Dow; NASDAQ Shines

There was a tale of two tapes with the Dow Jones Industrial average moving lower on earnings while the NASDAQ exerts leadership.  Early gains were hung onto by the NASDAQ, but the S&P 500 and Dow were unable to hang onto the gains set forth by early morning...

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 Pullback to Start the Third Quarter

In a near freefall, the market fell immediately after the opening bell setting the day’s lows in the first 30 minutes of trading.  ISM manufacturing data disappointed as many expected the manufacturing sector to grow more than it did.  While still expanding it...

Chop and Slop Continues March Closes with a Whimper

This market continues its choppy nature with the Dow falling 200 points, but small caps held up relatively well.  Weighing on the S&P 500 today were health care and industrial stocks.  Closing lower by nearly 90 basis points the S&P 500 had a difficult time...

Distribution Hits the Market

Volume was higher on the NYSE giving the S&P 500 a day of distribution, but it was below average.  Selling hit the market just after noon eastern and continued throughout the afternoon until the close.  NASDAQ experienced higher volume than yesterday giving it a...