Friends Well, we knew this was possibly going to be a headline driven stock and bond market for a while and today was a good example. It looked like we were headed for another good day in a nice week of gains for stocks as the Dow was up...
Friends Despite another lousy retail sales report, stocks rallied on what was a relatively quiet day in terms of global headlines. Stocks headed higher from the opening bell and the bulls were able to hang on to nice gains throughout the trading session. By the close, the Dow Jones...
Friends Stocks were quietly in positive territory for the entire trading session today, as global headlines were somewhat muted. After Friday’s rally, today’s calm advance was a welcome follow up. The S&P still has to do some repairs as the bulls would like to recapture the 1950 level, but...
Friends It sure looks like the correction that market pundits have been predicting for 3 years now might be upon us (some might say it is overdue and needed). Despite a good weekly jobless claims number, stocks were overwhelmed by weakness abroad and continually disturbing global headlines. It doesn’t...
Friends Stocks drifted aimlessly for most of the trading session as neither the bears nor the bulls seemed interested in making a stand today. After yesterday’s sell-off, the bears looked to have the upper hand as early morning futures showed another potential down opening. With a light economic calendar,...
Friends The bears were back in control again today as stocks suffered sizable losses throughout the trading session. The bulls attempt to rally the troops and add onto yesterday’s gains fell flat despite some good economic news including a great ISM non-manufacturing number which saw the July reading much...
Friends Last week was the worst week for stocks since 2012. Today prices recovered just a bit. With the bulk of the economic calendar behind us, the final busy week of earnings and a bailout for a Portuguese bank, traders got up the nerve to step in and do...
Friends After yesterday’s awful showing, stocks experienced another day of volatile trading. The non-farm payroll number was slightly less than expected with 209,000 new jobs created in July, and this seemed to calm what looked to be a sizable down bias in premarket futures. At first glance it seemed...
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