12:40pm (EST) The market has held up well today despite the Apple (AAPL, $339.87, down $8.61) news as all three indexes are in the green as we head towards the second half of trading. We didn’t have any exposure to Apple and shares have bounced off their morning lows butRead more
Citigroup (C) Misses Estimates, JPMorgan (JPM) Upgraded
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
Bulls Reclaim Resistance, Dow Pushes Triple-Digits
12:35pm (EST) The bulls can thank Germany and Portugal for today’s rally after the countries had successful auctions of government bonds this morning. Futures were up when we hit the rack last night and held after buyers came in to support the offerings which lifted sentiment on Wall Street thisRead more
Bulls Break Resistance on Financial (BAC, JPM) and Tech Strength
9:00am (EST) The bulls woke up on Wednesday morning and found themselves in a hole after the overseas markets were bleeding red. Futures were uglier than a night out on the Vegas strip but got brighter after a sweet jobs report from ADP which we covered yesterday. Trading started off slowRead more