Author: Deron Wagner

Stocks followed up Tuesday’s sharp sell-off with a moderate bounce yesterday, but relative weakness in the tech arena held the Nasdaq in check. The major indices opened higher, then chopped around in indecisive fashion...

In yesterday’s commentary, we said, “Although a healthy market typically absorbs a few ‘distribution days’ without negative effect, the presence of five more days of higher volume losses is a valid...

Trading kicked off the last week of April on a rather dull note, as the major indices chopped around in a sideways to descending range before finishing the day flat to slightly lower. However, modestly higher volume in the NYSE...

Commentary: Stocks wrapped up a volatile week of trading on a positive note last Friday, as the major indices logged a solid round of gains and finished at new 52-week highs across the board. An early morning rally attempt...

Gapping down to open sharply lower, the major indices indices briefly traded below short-term support of their prior two days’ lows, but the die-hard bulls resumed control, enabling stocks to quickly reverse opening...

After a choppy, indecisive day of trading, the major indices eventually settled near the flat line, as the stock market again hesitated to “show its hand.” The Nasdaq edged 0.2% higher and the Dow Jones Industrial...

Following up on the previous afternoon’s bullish reversal attempt, stocks registered another round of gains yesterday, but a second consecutive session of lighter volume failed to confirm the advance. After overcoming...

In yesterday’s commentary, we suggested it was too early to determine the actual market impact of last Friday’s Goldman Sachs news, but concluded by saying, “Regardless of what happens, traders and investors...

News that the SEC is charging brokerage giant Goldman Sachs (GS) with fraud sparked a sharp sell-off in the broad market last Friday, causing the major indices to suffer their largest single-day declines in months. Stocks opened...

Maintaining momentum from the previous day’s strength, stocks advanced yesterday morning, then drifted in a narrow, sideways range throughout the rest of the day. Scoring their sixth consecutive day of gains, the major...