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TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830Read More...U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840Read More...U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
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Divergences Galore; Market Remains Indecisive (USO, UNG, APA, DVN, RRC, GAS, X, MT, AKS, NUE, FCX, NEM)
Thursday, March 31, 2011 - 4:50pm | 640Read More...Thus far, this trading week has been full of reversals and divergences mainly emanating out of the materials and commodities sectors. Traders and investors seem to be unsure as to where the market should be and in what direction it should head. For example, after disappointing inventory data,...
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Steel Names Weak In Early Trade (X, NUE, MT, AKS)
Thursday, March 31, 2011 - 9:40am | 120Read More...After a weak performance in yesterday's trading session, shares of steel companies are once again running into selling pressure in the early morning action. US Steel (NYSE: X), Nucor Corp (NYSE: NUE), Arcelor Mittal (NYSE: MT), and AK Steel Holding (NYSE: AKS) are all taking a hit in the first...
