9:00am (EST) Futures are pointing towards a slightly lower open this morning after Ireland finally asked for bailout money from the European Union (EU) and the International Monetary Fund (IMF) after weeks of speculation. The deal between Ireland and the EU started to come together over the weekend as EU financeRead more
Bulls Looking to Keep Momentum
Bulls Trying To Snap Bears Streak
12:45pm (EST) The market is trading slightly lower following yesterday’s strong rally which brought the market back near its resistance levels. The bulls are having trouble with overhead resistance as China raised its reserve requirement ratio for banks but they appear to be fighting. Federal Reserve Chairman Ben Bernanke alsoRead more
Futures Pointing Towards Lower Open
Bulls “Rock On”
Futures Pointing Towards Strong Open
9:00am (EST) The bulls held ground on Wednesday as the market finished mixed with a slight gain in Tech. Although yesterday’s economic news wasn’t the best, and the Financial sector lagged once again, the bears were unable to break the first wave of support we have been outlining over theRead more
Market Flat as Bulls Look for Direction
Bulls Looking For A Bounce
8:45am (EST) The bears notched another solid victory on Tuesday as global chaos in the financial and commodity sector continued to weigh on the market. The pounding the bulls took came on renewed fears of a potential rate hike from China and the potential bailout of Ireland – similar to the one given to Greece, which is still blowingRead more
Bears Test Support, Beatles Invade Apple’s (AAPL) iTunes
Wal-Mart (WMT) Matches Estimates, Raises Guidance
8:50am (EST) The bulls started Monday off with a strong showing but the market lost its momentum in late trading after reports swirled Moody’s (MCO, $27.90, up $0.18) might cut U.S. credit ratings. As a result, the dollar gained 0.8% and the news sent treasury prices tumbling as 10-year yields hit aRead more
Caterpillar (CAT) Digging Bucyrus (BUCY)
12:35pm (EST) The bulls have made a slight push higher today despite a mixed bag of economic news and a higher dollar. Merger and Acquisition (M&A) news has also provided some enthusiasm as the market has pushed back above key levels of support. The Commerce Department reported retail sales roseRead more