12:45pm (EST) The bulls continue their quest for new 52-week highs following better-than-expected economic news and a host of good earnings. Initial Claims came in at 367,000 versus expectations for a print of 371,000, while Continuing Claims were 3.43 million versus a forecast for 3.54 million. Elsewhere, Nonfarm Productivity wasRead more
Market Backs Off Highs
Intel (INTC) Impresses, JPMorgan (JPM) Beats Estimates
8:50am (EST) The market took a breather on Thursday after some disappointing jobless claims numbers but held support following Wednesday’s big pop. The bulls did rather well in holding their ground but Fed Chairman, Ben Bernanke, kept a lid on any comeback after saying the unemployment rate is not goingRead more
Hold The Line
Bears Gaining Momentum
9:10am (EST) Folks, this is the most exciting market we’ve seen in quite some time and the dramatic increase in day-to-day volatility is unfolding just like we thought it would. The market’s moves are reminiscent of the huge price swings in late 2008 and early 2009 when everybody panicked overRead more