Indices are basically flat but there has been some stock specific action. The S&P is still holding above recent floor of 1265, but still can’t break above 1280-1284. Make sure to be looking for relative...
Read MoreUS stock futures point to a slightly higher open on Wall St Monday as another earnings season gets set to kick off. Aluminum giant Alcoa (AA), whose announcement generally marks the beginning of earnings season, will report...
Read MoreThe Dow and S&P slumped to a loss Friday despite a better than expected jobs report to kick of 2012. The US economy exceeded expectations by adding 200,000 jobs while the unemployment rate, with all of its flaws, fell to...
Read MoreS&P futures are up 6 handles Friday morning following a better-than-expected jobs report. The US economy added 200,000 jobs and the unemployment rate fell to 8.5%, while analysts expected gains of 150,000 jobs and...
Read MoreThe S&P 500 index opened lower and briefly headed down after the opening bell, breaking yesterday’s low, but rallied the rest of the day and was able to make it back into positive territory. The Nasdaq was the...
Read MoreIt’s what we are all striving for, more money. Why does it seem to be so elusive for many traders? I am not talking about earning money for the week; I am talking about getting PAID month after month. I am talking about...
Read MoreUS stock futures point to a lower open on Wall Street Thursday as worries intensify over European banks. The Euro fell to 15-month lows versus the dollar and an 11 year low versus the yen. Investors are growing more worried...
Read MoreSpy’s went into yesterday’s gap and held like a champ. We mentioned in the morning note that 126.50-127 should be buyable- The low was 126.71 Banks opened lower and bounced well with JPM continuing to impress- GS is...
Read MoreUS stock futures point to a slightly lower open Wednesday after yesterday’s 1.5% gain to kick off 2012. Improving US economic data has been one catalyst for the rally over past few weeks, and that continued yesterday with...
Read MoreS&P opened up strong and really did nothing most of the day. They stalled around 1284 above the 1277 area but below the 1292 October highs (traders definitely didn’t want to see the last 15 minute pull in) Today you...
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