Markets gave a push higher after the Housing Starts Data. SPY filled the downside gap from Monday hitting a high of $133.18. At this point if you were playing for a feeble bounce off the $130.85 area, that was probably it. If...
Read More(Video was shot pre-market) The overseas news will continue to guide trading today, as the EU summit will either continue to push us down or finally allow a snap back. It is also the end of the quarter so there could be some...
Read MoreItalian short term yields continue to rise and Spain hasn’t been pretty, but stocks rose in Europe and Asia for the first time in five days. There is some speculation that China will inject stimulus in Europe, and some...
Read MoreStocks stopped the bleeding Tuesday, with all major indices finishing in positive territory on a light volume day of trading. We could see volume continue to wane over the next week and a half surrounding the July 4th holiday....
Read MoreThe SPY was thrashed last week, and we saw lows yesterday, but it seems like the market is trying to bounce a bit. The market is flirting with yesterday’s highs, but has been very impulsive just yet. We retested the $131...
Read MoreActive technical traders often steer clear of pharmaceutical stocks due to their volatile and unpredictable nature. The risk is often too great, as you can see a stock’s price skyrocket or plummet based on a key FDA...
Read MoreZynga (ZNG) has traded up over 1.5% so far this morning ahead of its scheduled “Zynga Unleashed” conference. At the event, Zynga plans to unveil its new pipeline of games and its new strategy for continued growth and...
Read MoreThis market is slowing down as we head towards July 4th. There’s not a whole lot happening, but we saw a bit of a sell off. There are times when I’m all in and aggressive, and times when I choose to sit on the...
Read MoreI think a lot of market participants are trying to figure out if we are living and trading in a normal environment. If you live in NYC and go to a Yankees game, it’s packed with people spending $50+ dollars for a few beers...
Read MoreUS stocks followed their European counterparts lower Monday, with the Nasdaq hit hardest, dropping 1.95%. The market was hit hard Thursday before stabilizing Friday, but this weekend investors picked up where they left off...
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