1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open throughout the night. Much of this morning’s headlines have come from overseas as the Europe debt crisis continues to be an overhang. The eurozone finance ministers are meeting again todayRead more
Alcoa (AA) First Blue-Chip to Report
Bulls Snap Losing Streak
April Starts With An Apple (AAPL) Bang
Can’t Keep a Good Bull Down
9:00am (EST) The bears tried their best to keep the bulls underwater but the market continued to bounce off its lows into the second half of trading to finish in positive territory on Monday. Sentiment improved once the European markets closed and we face a few obstacles this week withRead more
Fastenal (FAST) Falls Back, FOMC Minutes Due
Microsoft (MSFT) Buys Skype, eBay (EBAY) Up
9:00am (EST) The bulls passed a key test on Friday and Monday as they got wins on both days following yesterday’s pop. The market was flat for much of the morning session although commodities were rebounding following last week’s selloff. Oil, gold and silver all traded higher despite an earlyRead more
One Step Forward, Two Steps Backwards
9:05am (EST) Monday’s action followed last week’s script where the bulls started the session pushing resistance only to fade by the end of the day. The bears have slowly chipped away at support and yesterday’s action favored their camp, but they too, are lacking momentum despite having the headlines inRead more
Dow Nears 52-Week Highs
1:35pm (EST) Lots of good happenings today, folks. We had a little trouble sleeping last night in anticipation of this morning’s nonfarm payrolls numbers. Futures were up overnight by about 0.2% and we had a pretty good feeling this morning that the bulls would push the tippy-top of resistance. The headlines forRead more
Futures Pointing Towards Nice Start
9:00am (EST) The market ended mixed on Monday as the bulls made an incredible effort to square things up with the bears but fell just short before the closing bell. Tech was strong and managed to finish in the green but the Dow and S&P 500 extended their losing streaks to three-straight sessions. TheRead more