12:10pm (EST) Out with the old, in with the new. The Dow Jones Industrial Average is made up of 30 stocks. From time-to-time, stocks are dropped and others added to make up 30 “blue-chips” companies. Today’s announcement in a 3-swap deal kicks Alcoa (AA, $8.07, down $0.02), Bank of AmericaRead more
9:00am (EST) The bulls and bears went through the motions of testing support and resistance on Tuesday but in the end it was a flat finish despite good earnings and better-than-expected economic news. Still, Wall Street seemed tentative ahead of the FOMC minutes due out later today **************************** If youRead more
12:15pm (EST) The market is mixed as we head into the second half of trading as Apple (AAPL, $442.92, up $23.93) has lead Tech higher while Caterpillar (CAT, $84.25, down $1.27) is weighing on the blue-chips. The head zombie will be speaking later this afternoon on his economic plan andRead more
9:00am (EST) Thursday’s action on Wall Street favored the bears ahead of this morning’s Nonfarm Payrolls report. The Dow dropped 62 points, or 0.5%, to close at 13,206. The blue-chips touched a low of 13,175 but held the 13,200 level after reaching a high of 13,284 intraday. Caterpillar (CAT, $100.67,Read more
1:15pm (EST) Trading has been sloppy and choppy this morning as the bears are doing their best to hold the bulls back from advancing the market further following Friday’s nice pop. Futures were pointing towards a higher start for the US markets when the European markets opened but gradually fadedRead more
1:20pm (EST) Futures were pointing towards a sluggish start this morning and we kind of had a feeling the market would trade flat today following this week’s big push up to resistance. Company earnings have come in mixed today with disappointing numbers from some while others have shined. Caterpillar (CAT,Read more
9:00am (EST) We didn’t expect much from Monday’s action as economic news was light and earnings are winding down to a trickle ahead of July’s big 2Q announcements. As such, the market ended flat for the session but we expect the action will pick up starting this morning as we have a numberRead more
1:15pm (EST) The bulls are putting an explanation point on a strong month as they have once again pushed the major indexes to new 52-week highs. Earnings and economic news continue to drive the headlines which have been pretty positive today. Caterpillar (CAT, $115.29, up $2.65) is trading at fresh highsRead more
