September 15, 2011 – 8:12 am
The indexes saw an expansion of their daily ranges yesterday that was nearly double those of the day before. The Nasdaq 100 now is the clear technical leader on the upside. The S&P 500 and Russell 2000 are still struggling at the relative midpoints of their recent counter-trend rally. The Nasdaq 100, by contrast, briefly [...]
With traders reacting negatively to a much weaker than expected jobs report, stocks moved sharply lower at the start of trading on Friday. Selling pressure has waned since then, however, limiting the downside for the markets. The major averages have climbed well off their lows for the young session but currently remain firmly in the [...]
Stocks moved higher at the start of trading on Friday, as a better than expected monthly employment report generated some positive sentiment. The major averages all moved to the upside after ending the previous session on opposite sides of unchanged line. The early strength in the markets comes after the Labor Department released a report [...]
February 8, 2011 – 10:17 am
Stocks Showing A Lack Of Direction In Early Trading Stocks are turning in a lackluster performance in early trading on Tuesday, with traders reluctant to make any significant moves amid a lack of U.S. economic data. The major averages are lingering near the unchanged line after ending the previous session at multi-year closing highs. The [...]
December 14, 2010 – 10:50 am
Stocks Move Slightly Higher In Early Trading Stocks are seeing modest strength in early trading on Tuesday, as traders react positively to a report showing stronger than expected retail sales growth. The major averages are currently all in positive territory after ending the previous session mixed. The early strength in the markets comes after the [...]
November 26, 2010 – 11:14 am
Geopolitical Concerns Lead To Initial Weakness On Wall Street Stocks showed a notable move to the downside at the start of trading on Friday, giving back ground after showing a strong upward move in the previous session. The major averages all moved sharply lower amid renewed geopolitical concerns. The initial weakness in the markets reflected [...]
November 23, 2010 – 11:45 am
Stocks Down Sharply In Mid-Morning Trading Stocks are posting steep losses in mid-morning trading on Tuesday, with flaring tensions between North and South Korea driving the selling pressure. In Europe, Ireland remains the headline concern amid the debt contagion plaguing the Eurozone. The worries are eclipsing U.S. economic data, including a better than expected upward [...]