US markets were able to claw back to positive territory after opening lower again Friday, but the rally certainly didn’t have much vigor. The Nasdaq led the major indices up 1.1%, while the Dow was only 0.3% higher....
Read MoreBy: Mike Bellafiore of SMB Training I haven’t been this mad at myself as a trader in a long time. After the trade I vocalized, “That was such a stupid trade. That is exactly how not to trade.” Furious. I had a...
Read MoreAfter a 100 handle move lower since Tuesday afternoon, the market is trying to get some footing here. This would have been Day 4 of the down move, which makes it hard to stay short, so traders are using this area for a quick...
Read MoreAM Action: Hewlett-Packard Company (HPQ) Hewlett-Packard questioned over Whitman hiring, WSJ reportsHewlett-Packard price target lowered to $24 from $30 at Goldman Hewlett-Packard price target lowered to $25 from $30 at RW Baird...
Read MoreUS stock futures again set for a lower open Friday, following am extremely volatile European session, but are starting to pare those overnight losses into the open. Investors are now looking toward international policy makers to...
Read MoreWorld markets remained in turmoil Thursday, trading sharply lower overnight and continuing lower during the session. The Dow was the weakest index, closing down 391 points (3.5%). A rally in the last half hour pared losses for...
Read MoreThe S&P opened down into a very big support area this morning of 1118-1122, which we have been watching for most of the Summer. We did hit a low of 1127 before bouncing a bit after the 10:00 am ET Leading Economic...
Read MoreUS stock futures are pointing to a sharply lower open this morning following yesterday’s afternoon plunge. S&P futures are currently down about 16 handles as European markets took the cue from the weak American...
Read MoreStocks were quiet if not slightly weak this morning ahead of the much anticipated Fed announcement, but when Chairman Bernanke announced “Operation Twist”, the market dove sharply, with the S&P 500 finishing down...
Read MoreBy: Jeff Davis of SMB Training Surviving as a professional day trader means adapting to the ever changing conditions you’re presented with. In this volatility how you size your positions at entry is so important. If you...
Read More
