The U.S. Dollar Index did not disappoint the bulls today. The dollar did what it does best everytime the stock market gets into trouble. It rolled over once the New York Stock Exchange rang the opening bell. This phenomenon...
Read MoreAmazon.com, Inc. (NASDAQ:AMZN) hammered into a double top from late 2009. This level looks to be a solid resistance level as the intra day price action on AMZN pulled back off the highs. While retail sales have been extremely...
Read MoreDeere & Co (DE) has caught a bid higher this morning trading up 0.40 cents to 62.17. The stock will have intra-day resistance at the 62.45 – 62.50 level. Keep an eye on the U.S. Dollar chart as DE will trade much like...
Read MoreToday the market headlines were nothing more than sensational. Corporate earnings from Intel Corp. (NASDAQ:INTC), J.P. Morgan Chase & Co. (NYSE:JPM), and CSX Corp. (NYSE:CSX) were all better than analysts expected....
Read MoreInternational Business Machines Corp. (NYSE:IBM) is hitting a quad top level here at $129.00 on the intra day 10 minute chart. It is likely it will break out of that level. The next resistance would take IBM to the $129.30...
Read MoreThe markets gapped slightly lower on the day as the earnings report from Alcoa Inc. (NYSE:AA) lagged expectations. While earnings were in line with what analysts had expected, revenue did come in light. With pricing increases...
Read MoreAmazon.com, Inc. (Public, NASDAQ:AMZN)is trading lower by 0.25 cents to 140.60. AMZN is a market leading stock in technology and retail. The stock will have intra-day support at 140.85 and much more at 139.00. Both levels could...
Read MoreBest Buy Co., Inc. (NYSE:BBY) has run into a double top at the $45.50 level. This could be a major level of resistance for the stock and should be watched closely. The stock has soared in recent weeks, from a low of $35.00...
Read MoreThe bull run lives on as the S&P 500 cash index gained another 16 points this past week. Also note the SPDR S&P 500 ETF (NYSE:SPY). This move higher comes as the Dow Jones Industrial Average (INDEXDJX:.DJI) tagged the...
Read MoreDOW 11,000 is closing quickly. Today is Friday, light volume continues to plague the markets and this makes it a perfect opportunity for the “powers that be” to push the DOW over 11,000. As of now we are hovering...
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