12:35pm (EST) Futures were showing a weak start for Wall Street last night but had improved before the opening bell this morning after Japan’s Gross Domestic Product (GDP) numbers came in worse-than-expected. The country’s GDP for the second quarter was 1.4% which was half the growth of the 2.7% figureRead more
9:00am (EST) After 6-straight losing sessions, the bounce the bulls have been looking for finally occurred on Thursday. Despite not-so-impressive economic news, the market looked strong throughout much of the day as the bulls pushed support but the rally seemed to fade by the closing bell as the bears didn’tRead more
12:40pm (EST) The market is moving higher after getting better-than-expected economic news this morning. The first report came out before the bell as Personal Income rose 0.4% during the month of April which matched expectations while Personal spending rose 0.4% versus expectations for a 0.5% pop. The final Consumer Sentiment SurveyRead more
9:00am (EST) The world hates change, but it is the only thing that has brought progress – C. Kettering Our Tuesday morning headline read “Market Faces Key Pivot Points” and we used this headline to try and keep everyone’s emotions in check. If you recall, we had expected a market pullback duringRead more
12:45pm (EST) The market is trading slightly lower following yesterday’s strong rally which brought the market back near its resistance levels. The bulls are having trouble with overhead resistance as China raised its reserve requirement ratio for banks but they appear to be fighting. Federal Reserve Chairman Ben Bernanke alsoRead more
9:05am (EST) The market struggled to hold its early gains on Monday and finished mixed after the bulls lost their enthusiasm. The bulls were able to squeeze a fraction of a point for the Dow as it finished at 11,205 after trading as high as 11,258. If it weren’t for Caterpillar’s (CAT, $71.65,Read more
1:15pm (EST) The market has traded in a tight range today despite some positive catalysts from the Financial sector. Better-than-expected earnings from Morgan Stanley (MS, $32.10, up $1.65), which is up over 4%, is lifting other names in the sector but there other areas of the market that are draggingRead more
