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Quantitative Easing II Won't Help Consumers Or The Economy (DJIA, SPX, SBUX)
Tuesday, September 28, 2010 - 2:39pm | 295Read More...The market has been rocketing higher on speculation the Fed will embark on QE2. Just today the Dow (DJIA) and S&P 500 (SPX) reversed early losses and now trade higher by 0.3%. But, will QE2 really make a difference in the economy and help lift stocks? I believe it was Einstein who said the...
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Market Leaders Showing Weakness (DJIA, COMPQ, AAPL, HPQ, AMZN, NFLX, BIDU, FCX)
Tuesday, September 28, 2010 - 11:59am | 218Read More...The equity markets are holding onto slim gains this morning after opening weaker. The Dow (DJIA) is up 31 points while the Nasdaq (COMPQ) is higher by 0.6 points. However, it's interesting that many of the market's new leaders are struggling today. Apple (NASDAQ: AAPL) is off $3.01 to $288.15. The...
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August ISM Tops Estimates (DJIA)
Wednesday, September 1, 2010 - 10:34am | 110Read More...The August ISM Manufacturing Index came in at 56.3, topping the 53.0 consensus. A reading over 50 indicates expansion in the sector. New orders slowed to 53.1 for its lowest reading since the recovery began in the second quarter of last year. Unfilled orders also slowed, down three points to 51.5...
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Hewlett-Packard, Alcoa Leading Dow (DJIA, BAC, JPM, AXP, HPQ, AA)
Monday, August 30, 2010 - 3:06pm | 133Read More...With roughly an hour left in trading today, the Dow Jones Industrial Average (DJIA) is down 76 points, or 0.75%, to 10,074. Leading the Dow lower is Bank of America (NYSE: BAC) which is lower by 30 cents, or 2.37%, to $12.34. This is a fresh 52-week low for Bank of America. Financial names JP...
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Shocking! New Home Sales Disappoint (XHB, DJIA)
Wednesday, August 25, 2010 - 10:14am | 140Read More...Wow, what a shocker! July new home sales disappointed immensely, coming in at 276,000 versus the 334,000 consensus. This is the slowest pace on record for new home sales. Prices were the lowest in 6.5 years. The SPDR S&P Homebuilder ETF (NYSE: HXB) is higher on the day by 4 cents, or 0.29%, to...
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Slowest Day Of The Year (DJIA, SPX)
Monday, August 16, 2010 - 7:44pm | 87Read More...The dog days of summer are upon us with full force. Today's volume was the lowest of the year with 3.22 billion shares traded on the NYSE Composite. The second-lowest day was just last Monday, August 9, when 3.36 billion shares traded hands. Today's trading was the slowest day of trading since...
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Abercrombie Has Strong Day (ANF, DJI)
Thursday, July 1, 2010 - 4:10pm | 106Read More...Shares of Abercrombie & Fitch (NYSE: ANF) posted strong gains today on impressive volume despite the Dow (DJI) falling 41 points, or 0.42%, to close at 9,732. Abercrombie shares gained $1.24, or 4.04%, to finish at $31.93. Volume was strong with just over 5 million shares traded versus the...
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How International Markets Have Fared In 2010
Tuesday, June 29, 2010 - 12:17pm | 86Read More...The U.S. Indices have had a relatively quiet 2010 when compared to international markets. Year-to-date the Dow is off 2.78%, the S&P 3.63%, and the Nasdaq 2.14%. Here are how international markets have fared this year: Greece down 34.11%. China down 22.64%. Spain down 18.86%. Portugal down 14....
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Dow Plunging, VIX Spiking (DJI, VIX)
Friday, June 4, 2010 - 3:18pm | 66Read More...The CBOE Market Volatility Index (VIX) is surging today as investors dump equities and flee to anything safe. The catalysts for today's selling were a disappointing May jobs report and fears of another debt crisis, this time in Hungary. The VIX, or fear guage, is up 5.28 points, or 17.92 percent,...
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Market Overview
Friday, January 22, 2010 - 12:28am | 397Read More...So far this week the bears are crushing the bulls in the market. The technicals are confirming this move and we have reached a breaking point in the market. With the past two days of decline on the DOW, we have moved from 10763 to 10389 which is a 374 point decline and has put us directly at a...

