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
Blue-Chips Get a Facelift/ Profit Alert (QQQ)!!!
Goldman Sachs (GS), Financials Lead Market Higher
Dow Lower Despite IBM, Caterpillar (CAT) Strength
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
Big Vote after the Bell
1:20pm (EST) The market is seeing green today for the first time all week as all three of the major indexes are up. Although the debt ceiling debate remains unresolved, the bulls got some good news this morning after learning Jobless Claims came in under 400,000 at 398,000. Wall StreetRead more
Bank of America (BAC) at 2-Year Lows
1:15pm (EST) Futures were pointing towards a rough open this morning as continued concerns over Europe and U.S. debt continue to plague the market. Overseas markets have traded lower for much of the morning on a weaker euro while the Financial stocks here at home continue to take a pounding.Read more
Bears Push Support, Bulls Battle Back
Bulls Back in Familiar Territory
McDonald’s Is Lovin’ It
12:50pm (EST) The bulls have kept the market in positive territory for the majority of the session although the bears sniffed red shortly after the open. The Dow and S&P 500 briefly slipped into negative ground but quickly bounded off their lows and are challenging key resistance levels once again.Read more