Author: Deron Wagner

A positive reaction to the first “official” day of quarterly earnings reports enabled stocks to score another advance yesterday, marking the broad market’s sixth consecutive day of gains. The main stock market...

Stocks wrapped up the holiday-shortened week with a fourth straight day of gains, but now must contend with an abundance of overhead supply and resistance levels in the coming days. Last Friday, the broad market spent most of...

An indecisive day of trading finished on a positive note yesterday, as the major indices built on the previous day’s gains. Stocks gapped higher on the open, drifted down to modest losses by mid-day, then reversed back...

After getting slammed for the past several weeks, stocks finally scored a substantial round of gains. The major indices opened near the flat line, but buyers immediately stepped in, propelling the broad market higher in the...

Stocks returned from the long holiday weekend with a promising start, as the major averages gapped more than 1% higher across the board on the open. We saw some encouraging signs during the first hour of trading, as the averages...

An indecisive, range-bound day of trading preceded the holiday weekend last Friday, as stocks drifted lower in the morning, then recovered back to unchanged levels in the afternoon. However, selling pressure in the final ten...

Bearish momentum continued gripping the market, as stocks suffered another day of losses across the board. However, afternoon buying interest significantly trimmed the session’s losses, and hinted at a potential near-term...

  After testing critical support levels the previous day, the major indices bounced in the first half hour of yesterday’s trading, but that’s all the momentum stocks could muster. After a few hours of choppy...

A critical test of price support – The Wagner Daily       A vicious, broad-based sell-off slammed the market yesterday, causing the major indices to test their lowest levels of the year. Stocks gapped...

Treasury Bond ETFs breaking out – The Wagner Daily       Yesterday’s session was relatively uneventful, as the major indices failed to extend much beyond the opening fifteen minute bar’s range in...