Author: Deron Wagner

Bullish momentum from the market’s latest rally enabled stocks to score another round of gains yesterday, but the test of several important resistance levels held the broad-based advance in check. The major indices gapped...

Stocks quietly oscillated in a sideways range throughout yesterday’s session before finishing near the flat line and with mixed results. Blue chips showed relative strength again, enabling the Dow Jones Industrial Average...

Following up last Friday’s lethargic session with a large, broad-based advance on higher volume, stocks scored their sixth straight day of gains yesterday. The major indices gapped sharply higher on the open, then trended...

A worse-than-expected unemployment report last Friday morning caused stocks to begin the day substantially lower, but the resilient bulls immediately stepped in, enabling the major indices to reverse into positive territory...

Brushing off the negative knee-jerk reaction to the previous day’s Fed meeting, stocks zoomed higher yesterday, but turnover remained tepid. The major indices opened in positive territory, trended higher during the first...

Stocks got off to a positive start yesterday morning, as the S&P 500 rallied sharply and reclaimed its 50-day moving average by mid-day. But a negative, knee-jerk reaction to the afternoon Fed announcement on economic policy...

Meandering through another confused and non-committal session, the major indices finished with mixed results yesterday. After hours of range-bound choppiness, the Nasdaq Composite gained 0.4% and the S&P 500 edged 0.2%...

After three straight days of steady, intraday trends (2 down and 1 up), stocks began the month of November with a session of indeterminate chop. Early strength enabled the major indices to briefly reclaim about half of the...

Taking advantage of the previous day’s bounce, traders aggressively sold into strength last Friday, causing the major indices to surrender all of Thursday’s gains and break down to new lows of the week. Stocks opened...

Bouncing back from its recent decline and four straight days of losses, the stock market surged higher yesterday, enabling the S&P and Nasdaq to reclaim their 50-day moving averages. The session was virtually a mirror image...