Resolving the previous day’s indecision, stocks made a decisive, downward move that resulted in sizeable losses across the board yesterday. Unlike the choppy price action of recent days, a steady, intraday trend (down)...
Read MoreA choppy, indecisive of trading yesterday made us pleased to be in “SOH mode” (sitting on hands). Showing significant divergence amongst the major indices, stocks finished with mixed results. After bouncing around in...
Read MoreInitially brushing off the previous day’s weakness, stocks raced higher out of the starting gate yesterday morning, but the bears resumed control less than an hour later, sending the major indices sharply lower. Aided by...
Read MoreLast Thursday’s surprising reversal off the previous day’s lows vanished just as quickly as it came. Stocks gapped higher on Friday’s open, but traders immediately sold into strength, setting into motion a...
Read MoreFollowing through on the previous day’s weak closing action, stocks initially moved lower in the first hour of trading, but the resilient bulls made a heroic rescue that reversed the intraday trend. Recovering all of the...
Read MoreA solid start led to an ugly finish yesterday, as a late-day sell-off sparked substantial losses across the board. After trending higher throughout the morning session, stocks initially erased Tuesday’s losses and were...
Read MoreA positive earnings report from Apple (AAPL) helped stocks open slightly higher yesterday morning, but traders immediately sold into strength. The major indices trended steadily lower in the morning, found support at mid-day,...
Read MoreBrushing off the previous day’s weakness, the major indices cruised to another round of fresh 2009 closing highs yesterday, though the rally lacked the punch of higher volume. After opening near the flat line, stocks...
Read MoreThe major indices concluded a positive week of trading with a session of broad-based losses last Friday, as volume levels in both exchanges ticked slightly higher. After selling off sharply in the first hour of trading, stocks...
Read MoreStocks followed up the previous day’s breakout to new 52-week highs with a relatively quiet session of mostly sideways trading. The broad market spent most of the day drifting in modestly negative territory, but a...
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