The major indices concluded the month of January with another day of substantial losses last Friday, as higher volume indicated continued institutional selling. Stocks initially got off to a positive start, but turned tail after...
Read MoreStocks failed to capitalize on Wednesday’s strong closing action and sold off sharply during the morning session. All major averages were down 2% or more off the highs of the day by 11:30, having already undercut the prior...
Read MoreAfter opening near the flat line, stocks traded in a narrow, sideways range ahead of the afternoon Fed announcement on interest rates and economic policy. Upon receiving the anticipated news that rates are expected to remain...
Read MoreThroughout the first half of yesterday’s session, stocks tried to build on the previous day’s bounce, but afternoon selling caused the major indices to again finish in negative territory. The blue-chip Dow Jones...
Read MoreStocks concluded the holiday-shortened week with a third consecutive plunge last Friday, causing the major indices to firmly slice through support of their 50-day moving averages. The broad market traded sideways to lower...
Read MoreUnable to follow through on Tuesday’s bullish reversal action, stocks opened lower and sold off sharply during the first 90-minutes of trading. By 11:15 a.m. the major averages had erased all of Tuesday’s gains (on...
Read MoreStocks returned from the holiday extended weekend in bullish fahsion. Broad market averages steadily pushed higher throughout the day and recaptured all of last Friday’s losses, closing up more than 1% across the board....
Read MoreAn indecisive week of trading concluded on a negative note last Friday, as the main stock market indexes fell across the board. Volume surged higher as well. After opening near the flat line, the bears immediately took control,...
Read MoreA rather “blah” session of trading was the dominant theme yesterday, as the broad market grinded higher throughout the day, but without much conviction. The Nasdaq Composite advanced 0.4%, the Dow Jones Industrial...
Read MoreRecovering most of the previous day’s losses, stocks rebounded solidly yesterday. After drifting lower through the first hour of trading, buyers returned to the markets, enabling the main stock market indexes to trend...
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