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Author: Deron Wagner

Energy ETF cruises to new 52-week high

Most of the major indices spent the day chopping around in a narrow, sideways range before closing near unchanged levels. However, notable relative weakness among large-cap tech stocks caused the Nasdaq to lag behind. The...

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Precious metals ETFs on the rebound

Stocks followed up the first day of the new year with a session of whippy, indecisive trading that caused the major indices to finish near the flat line and with mixed results. After bobbing and weaving throughout most of the...

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Confirmation of last week’s breakout

Stocks got off to an encouraging start in 2010, as the major indices surged sharply higher and confirmed their recent breakouts. After jumping higher in the morning, the major indices merely drifted sideways throughout the rest...

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Same action, different day

Yesterday’s session was a boring repeat of the previous day’s action, except that stocks gapped slightly lower, rather than higher, on the open. Thereafter, the same trendless, low-volatility trading range dominated...

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