US markets looked to be digesting the big gap down this morning, but took a nose-dive starting around 11:30am ET. Investors and traders seem to be losing faith in this market after another round of dismal data this morning,...
Read MoreRetail stocks showed some relative strength on Tuesday, reversing a recent trend of weakness in the group. The Retail HOLDRs ETF (RTH) closed up 1.7% after bouncing off its 200-day moving average. In today’s Morning Call,...
Read MoreYesterday the market gapped up and had some small follow throughout the day, but active traders hate when the high of the day is put in at 3:00, and not on the close. This type of action makes it for tough trading, meaning if...
Read MoreRare Elements (REE) Rare Element Reports Upgrade and Significant Increase at Bear Lodge – REE showing highs in the post – feels strong – this is thru the 200 day here BreitBurn Energy (BBEP)...
Read MoreThe market finally got a meaningful bounce Tuesday, but most of the move came overnight and didn’t make life easy for traders looking to capitalize on the market’s oversold condition. Stocks initially pushed higher...
Read MoreYesterday we laid out three possible scenarios for this market to bounce, and this morning it appears like the first one is playing out as we stopped in front of the 200day and are bouncing ahead of Quad Witching. S&P...
Read More3 offerings last night Broadsoft, Inc. (BSFT) Announced its intention to offer, subject to market and other conditions, $100 million principal amount of convertible senior notes due 2018 in a private offering Danaher Corp. (DHR)...
Read MoreThe S&P closed narrowly higher on Monday, avoiding another day of big losses but also unable to catch a firm bid ahead of quadruple witching on Friday. With the losing streak now running on 6 weeks, many traders are looking...
Read MoreBy: Scott Redler and John Darsie While it doesn’t exactly relate directly to trading, after seeing LeBron James’ reaction to the Miami Heat losing the NBA Finals to the Dallas Mavericks I wanted to take a moment to...
Read MoreThe market is starting to trickle lower once again Monday, and there doesn’t seem to be too much investors interest in buying this dip. After a small gap up, bulls have been unable to press at all, and it will likely take...
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