Category Archive for ‘VIX’

Bulls Still Down 1%

9:00am (EST) The market recovered on Thursday following the week long drubbing by the bears and came close to reclaiming prior support levels.  The bears kept the action close until our midday update but surrendered more ground in the second half of trading.  The major indexes are down 1%, onRead more

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Bears on Track for Weekly Win

9:00am (EST) The market had another mixed session that ended pretty much the same way as the day before as the blue-chips managed a small gain while Tech and the Financial stocks held back the other indexes. The Dow gained 19 points, or 0.1%, to settle close at 13,596.93.  TheRead more

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Germany Approves ESM

9:00am (EST) The bulls evened the score on Tuesday as they were able to hold on for the win following a strong start.  The indexes came off their highs as nervousness set in ahead of this morning’s key vote in Germany and the impending Fed news on QE3 but hitRead more

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Bulls Fight Back to a Tie

9:00am (EST) The bulls gave up an early lead to the bears at the open but they were able to rebound to make it a tight race by the closing bell.  It wasn’t a photo finish by any means but Tech showed some strength and the small-caps were up overRead more

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Market at Support, Bernanke on Deck

9:00am (EST) The market closed right at support like we figured heading into today’s big event.  We are pretty sure Ben Bernanke checked yesterday’s closes on the indexes so he is well aware what his carefully chosen words could mean for the market. The Dow dropped 107 points, or 0.8%,Read more

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Bears Get Slight Win, Again

9:00am (EST) The bears won their second-straight session on Tuesday despite the bulls holding the lead for much of the day.  There was a little selling pressure in the final hour of trading which rattled the bulls but they were able to make one last push to get things backRead more

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Bears Banking on Monday

9:00am (EST) “With all the jet-setting events taking place, it does feel like some kind of stimulus package is coming but we doubt the Fed will act alone, if at all.  They will meet on Tuesday and any statements they make will be released along with the FOMC Rate DecisionRead more

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Notes from the Street, NEW TRADE!!!

12:50pm (EST) As expected, the market has traded in a tight range today and has pushed red and green as Wall Street continues to wait on word from the Fed and the ECB.  It has been a tension filled 48 hours as the debate rages on what they will orRead more

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Bears Getting Grizzly

1:20pm (EST) Futures were down about 0.5% before the European markets opened this morning but got progressively worse before Wall Street’s opening bell.  There are reports that the IMF (International Monetary Fund) is getting ready to cut the cord on Greece and will stop aid payments soon.  If so, thisRead more

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Resistance Holds as Tensions Tighten

9:00am (EST) The bulls tried to get some momentum going on Tuesday but ran into trouble after stretching resistance.  The bears got a few licks in before lunch following comments from Germany’s Angela Merkel who said they will not support joint-euro bonds.  We talked about this last Monday and saidRead more

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.