I stopped by the Nasdaq today to do a couple quick videos with one of my Morning Call co-hosts Jill Malandrino. In the first video, We looked at Dow Jones outperformers so far in 2012, and I analyzed technically which ones I...
Read MoreThe market charged higher almost all day Wednesday, closing at its highest level since July. The Nasdaq was the strongest index, closing 1.5% higher, while the S&P gained 1.1%. Yesterday major US indices gapped up 1% but...
Read MoreWe are sitting at critical levels here in the S&P 500 index. This area represents a major confluence of technical levels. We are re-testing the longer-term broken uptrend line from the 2008 lows as well as the upper...
Read MoreUS stock futures again point to a higher open on Wall St Wednesday, with bank earnings back in focus. Yesterday the market opened from the long holiday weekend nearly 1% higher, but, as has been the norm in 2012, the market was...
Read MoreUS markets opened at upside prices not seen since August 1, 2011, but were unable to hold onto those breakout levels despite finishing positive on the day. The Dow finished up 60 points, or 0.48%, while the tech-heavy Nasdaq was...
Read MoreThe thesis continues as these gap ups are hard to buy. Indices opened up have drifted for the first hour. The action was stock specific, the same Strategy we’ve seen for a while now. The S&P high of the day was...
Read MoreUS stock futures are almost 1% higher this morning, continuing the market’s strong start to 2012. Economic data out of China provided much of the impetus for the long-weekend rally, with GDP growth coming in higher than...
Read MoreUS stock sold off sharply in the morning but held strong and bounced in the afternoon to limit the damage following S&P’s downgrade of France. The S&P finished down only 0.5%. In a blow to the Eurozone, S&P...
Read MoreThe market is seeing its first real brush back pitch, which we talked about as a likelihood this morning. With the market as thin as it is and headlines still out there, it’s been prudent to at least keep a hedge on while...
Read MoreUS stock futures point to a lower open on Wall St Friday after disappointing earnings results from JP Morgan (JPM). The banks had a strong run into the report, but JPM could not deliver as revenue fell 18% from the year ago...
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