The bears did a better job early of holding and pressing the gap down. The market has now given a push above the morning range, but it still doesn’t quite feel the same as Friday. Some spots went green momentarily to give...
Read MoreNo question that last week’s headlines were taken up by the surprise beats from Apple (AAPL), Caterpillar (CAT), and Coach (COH) and the bottoming out at Netflix (NFLX) as subscriber growth helped earnings and revenues...
Read MoreUS stock futures are down sharply Monday after a lack of progress in Greek debt talks over the weekend. Officials were hopeful that a deal would be reached, but creditors and European finance ministers remain at loggerheads over...
Read MoreStocks rallied in the afternoon trade to go narrowly positive for the week and only slightly down for the day after opening lower. The Nasdaq was the only index to finish in the green today, closing 0.4% higher to finish off a...
Read MoreSo far markets have been dancing around yesterday’s low. Each time we’ve hit new highs in the S&P, we create a 3-5 day floor and then move higher. This stair step move has been intact since the December 20th Gap...
Read MoreUS stock futures point lower this morning after the GDP number came in a little light. There are also some overseas rumblingsis pressuring the futures this morning. Yesterday was a great day to take some profits as we had a...
Read MoreAfter opening higher this morning, the market finally showed some fallibility in 2012, giving back those overnight gains and heading sharply lower. Many are pointing to a very disappointing new home sales figure as the catalyst...
Read MoreUS stock futures point to a higher open on Wall St Thursday, following gains in European markets. Overseas markets today got their first chance to react to the Fed’s decision to keep rates near 0% until late 2014, and most...
Read MoreUS stock futures were mixed this morning, but there was no equivocation in the market after the Fed’s 12:30 ET announcement. Stocks finished sharply higher Wednesday, surging in the afternoon after the FOMC decided it...
Read MoreSPY still above the 4 day support of 130.60-130.80 but feels a bit heavy. We got lucky with some off the beaten path type movement for cash flow, but the overall action is lethargic. AAPL opened around $455 and sold down...
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