Market Closes Higher Again, but Trade Falls

by | Dec 21, 2010

Trade falls as stocks rise hitting new 52 week highs.  The big story of the day was the S&P 500 regaining the same level when Lehman Brothers collapsed.  It is hard to believe it has taken over two years to recapture the same levels, but it has been the Federal...

Holiday Shortened Week Kicks off With Gains in Light Trade

by | Dec 20, 2010

A double dose of POMO props up stock prices A quiet day on the economic release front as the Federal Reserve gives the market a double dose of Permenant Open Market Operations buying of United States Treasury securities.  Over the past few days the trend has been the...

Stocks Rebound from Tuesday's Losses

by | Oct 20, 2010 | 2 comments

Late day selling ends stocks off the highs as volume slows Late day selling put a cap on the day’s excitement as stocks rebound from Tuesday’s heavy distribution day.  All eyes would point to the Federal Reserve’s release of its beige book at 2pm EST.  Prior to the...