1:15pm (EST) The bears are on their typical Monday run as the market started the session lower and has remained that way as we head into the second half of trading. Futures were weak for much of last night and before the European markets opened after disappointing economic news fromRead more
Market Rebounds Off Lows
Tuesday’s Tidbits
9:00am (EST) The bulls stampeded out of Wall Street’s gate at the start of Monday’s trading session on news that America’s most wanted terrorist, Osama Bin Laden, had been killed by U.S. military. However, the euphoria only lasted until lunchtime before the bears made their presence known. The market was able to extendRead more
Tech Leads Bulls Charge
Bulls Want More, TiVo (TIVO) Pops
9:00am (EST) The bulls got a warning sign from the bears yesterday although the market held up rather well after hearing the private sector employment index unexpectedly dropped by nearly 40,000 in September. The report was released before the opening bell and knocked the futures lower as soon as the news was released. This typeRead more
Apple (AAPL) Products Update Coming
12:35pm (EST) The futures were pointing towards a decent open after the better than expected jobless claims report this morning but the gains were limited. Shortly after the market opened, the mortgage delinquencies report came out and it wasn’t as “impressive”. Homeowners who missed their mortgage payment fell slightly to 4.57%Read more
MomentumOptionsTrading.com Weekly Wrap for 5/16/10
Futures point Towards Slow Start
TiVo Wins Favorable Ruling/ Update on Trading Service
TiVo (TIVO, $10.70, up $3.32) shares hit a 52-week high today after a judge ruled that Dish Network (DISH, $15.56, down $1.68) and EchoStar (SATS, $16.12, down $0.25) will have to pony up nearly $200 million for “video-recorder” patent infringements. This was a windfall for TiVo as the company hasRead more