Oscillating between positive and negative territory throughout the day, the major indices traded in a whippy and indecisive fashion throughout the entire day. Thirty minutes before the closing bell, stocks were poised to finish...
Read MoreAppearing to blow off the weakness in the latter half of last week, stocks rallied to close above last week’s highs, but lighter volume failed to confirm the bullish price action. The major indices opened near the previous...
Read MoreStocks capped a very strong month with a lackluster session of trading last Friday. After chopping around in a tight, sideways range throughout the entire day, the major indices closed near the flat line and with mixed results....
Read MoreOpening above the highs of their recent consolidation patterns, stocks broke out above their short-term trading ranges yesterday morning, but a late-day reversal caused the major indices to surrender a majority of their intraday...
Read MoreSounding like a broken record, we have no choice but to begin today’s commentary by saying yesterday’s action was basically the same as each of the past three days. Stocks once again faced weakness in the first half...
Read MoreFollowing a similar pattern to the previous day’s session, stocks finally appeared to be headed for a correction throughout the morning, but the major indices shrugged off most of the early weakness to close with mixed...
Read MoreFighting off morning losses to close slightly higher, the stock market once again demonstrated its incredible resiliency we’ve become accustomed to in recent weeks. After opening near the flat line, stocks trended lower...
Read MoreA negative reaction to earnings reports from several tech companies on the evening of June 23 caused the major indices to open substantially lower last Friday, but the bulls remained in control. After a bit of morning weakness,...
Read MoreMomentum from the market’s impressive string of gains kicked into monster overdrive yesterday, as the major indices rocketed at least 2% higher, and volume ramped up as well. Stocks opened nearly flat, marched steadily...
Read MoreA worse than expected earnings report from securities broker Morgan Stanley yesterday morning pressured the major indices on the open, but stocks once again showed grand resiliency and reversed their early losses. The main stock...
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