US stock futures point to a lower open Wednesday, with the S&P off about 9 handles. Investors continue to cast a watchful eye over European bond markets, which have seen borrowing costs rise sharply over the past month....
Read MoreUS markets climbed Tuesday, showing optimism that the American economy could continue to improve in the face of a spreading crisis in Europe. The Nasdaq was the strongest index up over 1%. While data yesterday showed growth in...
Read MoreUS stock futures point to a lower open Tuesday after poor growth figures out of Europe. While all attention has been focused on the sovereign debt crisis, economic data has been in the background. Growth has continued to grind...
Read MoreThe market drifted lower for most of the day Monday as investors continue to worry over rising bond yields in Europe. The S&P was the hardest hit index, losing just under 1%. Italy’s debt woes have been the main focus...
Read MoreS&P traded into Friday’s gap briefly and held. Some traders looking for long entries were able to get a new point of reference this morning with the SPY low at 125.57. The Dow is down 25 points and we were up 350 in...
Read MoreUS stock futures point to a lower open on Wall Street Monday as anxiety continues over the European sovereign debt crisis. Italy and Greece are the main focus right now, and each has undergone major leadership changes in hopes...
Read MoreOn a quiet fall Friday, I was asked to come into CNBC to discuss the markets and more specifically Apple (AAPL). As a long-time AAPL bull, it feels unnatural for me to look for short set-ups in the stock. But recent relative...
Read MoreS&P is still below Tuesday’s highs but negated most of the importance of Wednesday’s pressure. A close above the 1250-1255 level is a big win. Take note of some changing of the guard. Oil Service Holdrs ETF (OIH)...
Read MoreUS market opened sharply higher this morning, with the Dow now up 1.7%. The catalyst for the up open was Italy’s approval of an austerity budget. Bond yields dropped after the vote, which will allay some fears that...
Read MoreUS markets rebounded in a choppy trade Monday as doomsday fears about Italy recede. The Dow surged almost 1% while the Nasdaq lagged squeaked out only a marginal 0.1%l gain. Yesterday, the market’s worst day since...
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