Author: Deron Wagner

Stocks rallied for a third consecutive day on Friday, but managed to post only modest gains on the day. An early morning gap up and subsequent rally was met by selling pressure at the 11:00 am reversal period, and the indices...

Stocks got off to a strong start with the major averages gapping up 1% or more across the board on the open. Unfortunately for the bulls, the open proved to be the highlight of the session, as stocks rolled over through the...

Stocks snapped back with a solid session of gains yesterday, as the S&P and Nasdaq contended with resistance of their four-month downtrend lines. The major indices trended higher in the morning, then chopped sideways to...

Pulling back after last week’s rally, stocks sold off sharply yesterday. The major indices moved lower in the first thirty minutes of trading, then merely oscillated in a tight, sideways range throughout the rest of the...

After a sharp morning gap up, U.S. stocks sold off briskly for the first hour of trading. The market consolidated for several hours, then rallied to finish near the highs of the day. However, the consolidation and rally, from...

Following through on the previous day’s breakout, stocks bagged another round of solid gains yesterday. The main stock market indexes edged higher in the morning, then saw more significant buying interest into the close....

Scoring its best single-day gain in months, the broad market rocketed higher yesterday, but several of the main stock market indexes settled near key price resistance levels. Stocks opened higher, rallied throughout the morning,...

The month of August concluded in uneventful fashion, as the major indices spent the day chopping around indecisively before calling it a draw between the bulls and bears. After opening substantially lower, stocks promptly...

Bullish momentum from last Friday’s rally proved to be very short-lived, as the major indices sold off sharply yesterday, giving back nearly all their previous day’s gains. Stocks opened slightly lower, recovered...

Stocks were unable to follow through on the higher open, as the main averages stalled out around 11 am before quickly rolling over to a new intraday low. Once the averages broke their opening hourly range lows they steadily...