12:50pm (EST) The bears are trying to get back Friday’s triple-digit win by the bulls and so far they are doing a pretty good job. Futures were already pointing towards a lower open and the market has been a steady decline since the open. The euro is weaker on theRead more
Market Heads Lower As Bears Start Strong
Apple (AAPL) Moving In On RIMM's Turf
12:50pm (EST) The market is mixed after getting off to a good start but less than stellar economic news has cooled the enthusiasm. Earnings continue to dominate the headlines but the bulls are having trouble breaking through the upper resistance levels we outlined in the morning update. The consumer confidence report cameRead more
Eye On The Prize
MomentumOptionsTrading Mid-Day Update For 9/28/09
12:30 pm (EST) The bulls are in charge today as they have taken a number of positive developments to move the market higher. Mergers and acquisitions are the rave today as Abbott (ABT, $49.00, up $1.67) announced that it will acquire Solvay’s pharmaceuticals business for $6.6 billion ($4.5 billion euro) in cash. XeroxRead more