9:00am (EST) The market acted like we were hoping it would yesterday although support got stretched but held as the bulls showed some strength. After two days of intense selling pressure the major indexes ended mixed with Tech stopping the bears from make it a clean sweep. The Dow andRead more
Futures Pointing Towards Strong Start
Bulls Holding Support
12:15pm (EST) Futures were pointing towards a slightly lower open this morning but had improved from their overnight lows and into the opening bell. We were long-winded this morning because we have a lot of new subscribers and trading course members and we wanted to explain where the market hadRead more
Libya Crisis Deepens, Futures Show Weak Open
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
Bears Getting Greedy
Bulls Looking to Rebound, HPQ Gives Weak Forecast
Bears Make a Move
12:45pm (EST) The market opened sharply lower this morning as crude prices soared while protests in Libya have caused some nervousness on Wall Street. The rising political turmoil in the Middle East has pushed oil to $94.48 per barrel, up $4.77, today while a weaker-than-expected S&P Case-Shiller number put theRead more
Market Faces Key Pivot Points
Bulls Looking Stronger
Brocade (BRCM) Beats Estimates, Shares Surge
Weight Watchers (WTW) Blows Up
1:00pm (EST) The market opened lower this morning and has traded in a tight range after economic news, both positive and negative, has impacted trading. The bears took comfort in a higher-than-expected jobless claims report as the number of people filing for unemployment benefits jumped by 25,000 and came in atRead more