Friends Well, why should today be any different? Yes, once again, on this final trading day of January, volatility was the name of the game. The 4th quarter GDP number came in a bit light at 2.6% (remember, the market was looking for 3.2%), but on the whole economic...
Friends The buzz word for 2015 has been volatility, and today was no different. After waffling back and forth from negative to positive territory in early trading, the bulls decided to step up to the plate and drove stocks higher as the afternoon wore on. What prompted this bargain...
Friends The Fed statement sent market participants into a tizzy. Here is a rundown in the change of wording in the FOMC statement. First, the economy has moved from “moderately better” to “solid”. Inflation is falling further below the Fed target while employment is getting closer to the target....
Friends With the coming snow storm on the East coast, trading in stocks was light today, and might be virtually nonexistent tomorrow. For the first time in a long time, there was almost no volatility as stocks just drifted near the breakeven mark all day. Neither the Greek election...
Friends With the coming snow storm on the East coast, trading in stocks was light today, and might be virtually nonexistent tomorrow. For the first time in a long time, there was almost no volatility as stocks just drifted near the breakeven mark all day. Neither the Greek election...
Friends It appeared that after yesterday’s rally, buyers simply were not to be found today as stocks drifted into negative territory for the entire session. Oil didn’t help the situation as once again the black gold continued to trend lower. Finally, earnings continue to disappoint as there seems to...
Friends We had another banner day for volatility, but the bulls ended up the big winners by the end of the trading session. Pre-market, traders waited for word out of the ECB as stocks looked poised to rally on the potential QE news. Well, Mr. Draghi did deliver on...
Friends Nothing new for 2015, as the Dow endured another 200 point swing during the trading session. After opening lower, stocks rallied some after a rumor surfaced as to what the ECB QE might look like (we should find out officially tomorrow), but then fell back into negative territory....
Friends It seemed like today’s volatility (and yes, there was more volatility today) was simply traders not sure what they wanted to do after the 3 day weekend. Stocks had a little spike to the upside at the opening of trading, but before too long market averages were trading...
Friends As some foreign exchange trading firms try to pick up the pieces after yesterday’s Swiss shocker, the stock market experienced a somewhat tamer trading session, as market participants seemed somewhat wrung out from this week’s unbelievable action. Oh don’t get me wrong, there was some volatility, but there...
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