9:05am (EST) The bulls were back on track yesterday following Tuesday’s sell-off after another batch of good earnings and some reassuring comments from the Fed kept the bears at bay. However, it wasn’t all smooth sailing. The market was holding steady but was dealing with another downgrade from Standard & Poor’s. Read more
9:05am (EST) Futures were pointing towards a slightly higher open this morning, helped by optimism over a bailout package for Greece. The euro-zone nations agreed over the weekend to lend Greece 30 billion euro ($40 billion) though Greece still has to “ask” for the money for the plan to beRead more
9:00am (EST) Things could get interesting… Wednesday was whacky and the battle between the bulls and bears is starting to heat up a bit. The market was facing a lot of headwinds yesterday and we figured trading would be tepid heading into the 10-year note auction. That was well-received butRead more
9:00am (EST) We knew going into yesterday’s open the market was going to have a rough session after the bulls after some disappointing economic news. The market started off in the red but the losses were contained as the bulls came in and started buying at the lows shortly after the bell. Read more
9:10am (EST) The market ended mixed on Thursday despite a number of fantastic earnings reports and an upbeat round of economic data. The bulls took 2-out-of-3 from the bears after the latest jobless report revealed that initial claims for unemployment benefits fell by 5,000 last week. It was the third consecutive decline inRead more
9:10am (EST) Futures are pointing towards a higher open this morning following yesterday’s selloff. The Dow ended Thursday with a 132 point drop and settled at 10,308 while the S&P 500 fell 13 and finished at 1,096. Today is a quadruple witching day which means contracts for stock index futures,Read more
9:00am (EST) Futures are pointing to a slightly higher open today, as the bulls look to resume this week’s rally after a slight pullback yesterday. Overseas markets were mostly higher this morning and the economic data has been better than expected this week. The bulls are still eyeing Dow 10,000 and at thisRead more
12:50pm (EST) The market is struggling today as it has darted in and out of positive territory. Jobless claims dipped to 545,000 last week from an upwardly revised 557,000 the previous week which helped stocks recover from the open but it appears the bears are selling the news and trying to push theRead more
