1:00pm (EST) The market opened higher and has traded in a tight range today as numerous headwinds have kept a lid on any momentum the bulls were hoping to gather. All three indexes have made a trip in negative territory but things have turned around as we head into theRead more
Intel (INTC) Weighs on Tech but Market Heads Higher
Futures Up, Bulls Looking to Rebound
9:00am (EST) The Dow fell 166 points on Friday, or 1.4%, and closed at 11,823. Although the index reached our near-term target of 12,000 last week, we had trouble closing above this level. We also listed key support levels to watch for on a pullback on Thursday and again on Friday. For theRead more
Geopolitical Uncertainty Hammers Market
No Respect for Microsoft (MSFT), Amazon (AMZN) Slips
S&P Breaks 1,300
1:00pm (EST) The market is up as we head into the second half of trading but has stayed in a narrow range since the open. Earnings have been good and bad while economic news has also been mixed as pending home sales came in better-than-expected, while initial jobless claims disappointed.Read more
Close But No Cigar
9:20am (EST) We had to hold back on our “victory” cigars because the market wasn’t able to break and hold our targets for the indexes on Wednesday. Yes, if it were government work, yesterday’s numbers would’ve have counted, but we like real numbers and the indexes remain just under resistance. The good news wasRead more