Posts Tagged ‘ADP Employment Change report’

Bulls Push Fresh Highs

12:25pm (EST) The bulls have pushed new high on the Dow and Nasdaq but are still having trouble with resistance with the S&P 500 and Russell 2000.  The market has pulled back off its highs and the action seems bullish ahead of today’s Fed speak. Futures didn’t have a bigRead more

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Market Mixed Ahead of Friday’s Big Event

12:30pm (EST) There was a flood of economic data and European news before the bell which led to a lower open but the market is mixed heading into the second half of trading as the bulls continue to push resistance. Much of the news has favored the bears but theRead more

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May Day! Dow hits New High

12:50pm (EST) The bulls continue to climb a wall of worry and have pushed the blue-chips to a 52-week high after better-than-expected manufacturing numbers.  Most of the global markets are closed in celebration of May Day as it is one of the biggest bank holidays around the world.  May DayRead more

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Nasdaq Down Nearly 2%

1:05pm (EST) The bears are cracking support and the VIX is popping as mixed economic news and a Fed hangover continue to hamper the market. Before the bell, the ADP Employment Change numbers failed to lift futures although they came in better-than-expected.  The report showed that 209,000 jobs were createdRead more

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