12:20pm (EST) The bulls are trying to hold onto today’s gains as the major indexes are slightly positive but are trading in a tight range. The market got some more bad news concerning the Housing sector, and there were a couple of mixed earnings announcements it is also digesting. TheRead more
Market Rebounds But Looks Weak
Futures Up, Hasbro Beats Street
9:10am (EST) Futures are trading slightly higher this morning as the market looks to end a four-week losing streak. There is no economic news out today so the market will try to rally off earnings and enthusiasm. In fact, it is a relatively quiet week in terms of economic reports except the weekly unemployment report whichRead more
Dow Slips Below 10,000
1:20pm (EST) The market is trending lower once again despite the “surprise” unemployment rate numbers from the Labor Department this morning. The Dow is well below the 10,000 level and appears headed for its fourth-straight weekly loss. The bulls got excited when they heard the unemployment rate unexpectedly fell in January to 9.7% from 10%,Read more