1:05pm (EST) The bulls and bears have traded blows for much of the session as the market has had a bevy of headlines to deal with today. The indexes have traded in a tight range once again and got off to good start after Initial Claims came in at 358,000Read more
Bulls Holding Gains but Resistance Still Looms
Bulls Eye April Highs, Bears Banking on Greece
S&P Trips 1,300
12:50pm (EST) The market continues its push higher as the major indexes are enjoying a 1% pop across the board. “Good news” out of China has offset some of Europe’s drama which was hit with more downgrades this morning. The Financial stocks are mixed after Citigroup (C, $28.72, down $2.02)Read more
Citigroup (C) Reverses Course
Market Flat heading Into Close
Bulls Break Resistance, Citigroup (C) Pops
MomentumOptionsTrading.com Weekly Wrap for 7/18/10
Another Battle Begins 11:00pm (EST) Earnings season officially got underway last week and so far it favors the bears going forward. There were a number of “surprises”, some good/ some bad, but the overall theme is companies are having no problems beating lowered expectations but they aren’t doing Jack with growingRead more
Bulls Retreat As Weekend Approaches
Bears Looking For Bulls to Tap-Out
Whirlpool (WHR) Whips Wall Street's Estimates
1:00pm (EST) The bulls have gotten off to another good start and appear ready to challenge our short-term targets we discussed in Sunday’s Weekly Wrap. We mentioned the solid earnings report from Caterpillar (CAT, $71.91, up $3.13) this morning but Whirlpool (WHR, $116.38, up $14.16) absolutely crushed it and knocked theirRead more