1:15pm (EST) It was almost a given that Greece would get the votes this morning to get the $17 billion it needs to avoid default. Futures were pricing in another lifeline for the country as the Dow futures were up nearly triple-digits before the bell. However, they started to fadeRead more
Market Higher After Austerity Vote
Greece Results due Any Minute
8:30am (EST) Make it two-in-a-row for the bulls after they won Tuesday’s session. Before we go over this morning’s big news, let’s take a quick look at where the major averages finished. You will notice all three indexes finished just below the targets we outlined Monday morning for you whichRead more
Greece Is the Word
Tuesday’s Tidbits
Nike (NKE) Reports Earnings After the Close
12:35pm (EST) The bulls are making a run this morning despite some less-than-stellar economic news. The gains have been slow and steady as the major indexes have pushed resistance as the bulls gain momentum while the bears wait for an opening. As far as the boring stuff, Personal Income wasRead more
Bulls Face Pressure as June Winds Down
MomentumOptionsTrading.com Weekly Wrap for 6/26/11
Bulls Flinch, Lose Grip
1:35pm (EST) The bulls were looking good this morning ahead of the bell as futures were pointing towards a higher open and economic news came out Aces. Although there has been some positive developments concerning Greece, Wall Street has quickly put that scene on its side-view mirror while it nowRead more
Bulls Have Weekly Edge
9:00am (EST) The bears were trying for back-to-back wins for the first time since June 8 after starting Thursday’s session at a torrid pace. The bulls were behind the 8-ball from the jump and spent all day playing catch-up after falling behind big-time at the opening bell. However, after some heavyRead more
One Step Forward, Two Steps Backwards
1:35pm (EST) The bears are back in business after holding resistance and getting some worse-than-expected economic numbers. Futures were already pointing towards a weak open but got progressively worse as we headed towards the bell after the release of the jobless claims numbers. Initial Claims came in at 429,000 whichRead more