1:35pm (EST) Futures were pointing towards a weak open here at home when the overseas markets opened this morning and we knew when we saw the European banks selling off it could lead to a nasty day here. Economic news has been disappointing on some fronts, a shocker on others,Read more
Bears Bite Back
Market Holds Up, For Now
Rally Fades as Bears Push Support
2:10pm (EST) The bulls were motivated to start today’s session higher following Tuesday’s setback and quickly gained the momentum to the push the market higher. Better-than-expected economic news provided some strength but weaker Tech earnings and a report which showed a much larger-than-expected buildup of crude oil inventories have stalledRead more
Bulls Looking to Get Back on Track
9:00am (EST) The market spent all of Tuesday in negative territory as the bears finally got back in the win column following three straight sessions of gains. The bulls spent much of the day playing catch-up and at times appeared like they were going to make a push higher. However, midday selling pressure took the major indexesRead more
Futures Pointing Towards Lower Open
Bulls Going for Hat trick
1:40pm (EST) The bulls are looking to extend their winning streak to three straight sessions and have a pretty good lead heading into the second half of trading. Futures were pointing towards a higher open this morning despite some disappointing economic data ahead of the bell. The Empire State ManufacturingRead more
Bears Headed For Weekly Win, Final Hour Drama?
Bulls Looking to End Week Even
Bulls Push Resistance Again, Dow Back Over 11K
1:30pm (EST) The bulls are holding their gains and are pushing the market higher as we head into the second half of trading. Better-than-expected earnings from Tech and an in-line jobs report have helped fuel today’s bounce. Initial Claims came in at 395,000 versus estimates for 405,000 and below theRead more