Stocks continue to climb. The effort has all three of the major equity averages up by at least 1%. Factory orders figures for July were just released. They increased by 2.4%, which exceeds the 1.8% increase that had been expected, on...
Stocks got a bit of a bounce off their opening lows, but the major equity averages remain in the red with moderate losses. Early weakness is largely the result of a lack of leadership. Financials were drivers of the prior session’s...
The S&P 500 recently came in contact with the 1200 line, but was unable to attract the buying interest necessary to push past the psychologically significant mark. Energy stocks have started to roll over. In fact, the sector has surrendered about...
Stocks have rallied back from their morning slide, but a loss of momentum has left stocks to drift down from their recent highs. Tech stocks have emerged as leaders today. Despite their recent dip, tech stocks continue to collectively sport a...
Stocks have resumed their descent from their opening highs. The selling effort has left all three major equity averages to trade in the red. Of the major indices, the Nasdaq is in the worst shape. Its slide comes largely in response...
Upon its initial upturn, the stock market had encountered resistance at the neutral line. However, it has since regrouped to stage a strong push into positive territory. Stocks now sport impressive gains. Utilities were the strongest performers in the first few...
The S&P 500 recently pushed up to the 1140 line, which is about five points below its prior session high, but was unable to extend the move. It has since drifted downward, but continues to sport a gain in excess...
The major equity averages have surrendered about half of the gains that they had achieved out of the gates. The downward chop comes after the S&P 500 encountered resistance near the 1145 line in the opening minutes of the session. Financials,...
The major market averages continue to see a volatile session as the swing between gains and losses. The Nasdaq is leading the advance with a gain of 0.7% while the S&P and DOw trail with respective gains of 0.5% and...
Stocks have made a minor move up from their morning lows, but amid the widespread weakness many participants are keeping an eye on the stock market’s recent low. For the S&P 500, that low was set 1101 last week. Share volume...
