12:20pm (EST) The market opened lower and the selling pressure was intense as the bears once again pushed the major indexes down to recent support levels. However, Wall Street got a couple of favorable economic reports which helped move the market off its lows. The Dow was down triple-digits before the ChicagoRead more
9:00am (EST) The market started the week on a negative note as the major indexes traded lower throughout the day. The major averages were down well over 1% and the bears were testing support before a late rally by the bulls cut the deficits in half. Although the market finished lower, weRead more
12:30pm (EST) The bears have pushed the market lower to begin the week as concerns over sovereign debt in the euro zone have trumped the good retail news the bulls were banking on. The $113 billion bailout package for Ireland should have been a headwind relief but investors are worriedRead more
9:00am (EST) Futures are pointing towards a slightly lower start this morning despite some encouraging data related to the holiday shopping season. Early numbers are positive as consumers have spent over $11.6 billion on the holiday season-to-date, up 13% versus this time last year. Black Friday was especially good to the internet as online salesRead more
12:10pm (EST) The bulls have used some better-than-expected economic news to battle back from yesterday’s steep losses as they have pushed the major indexes back towards current resistance levels. There were a couple of disappointing reports as well, but the overall tone has been bullish today. Let’s get the DebbieRead more
12:40pm (EST) The market opened sharply lower this morning and proceeded to pick up momentum to the downside as the bears have pushed the major indexes back to current support levels. There have been some solid earnings announcements and economic news has come in mixed but the bulls seem complacent after theRead more
12:20pm (EST) The market opened lower to start today’s trading as European debt concerns continue to weigh on the market. Although Ireland got a lifeline, the bears believe the bailout will not be enough to stabilize the region and are now looking for Portugal needing one. However, these problems have beenRead more
