Stocks recently pushed into positive territory with help from a rising euro, which now trades with a 0.3% lead over the greenback after it had been down fractionally this morning. Although the euro has maintained a modest gain, stocks have...
Financials have extended their climb to a gain of 1.5%, which makes them this session’s strongest performing sector by a considerable margin. Up about 0.9%, energy stocks make up the next best performing sector. However, that could be challenged because...
The major averages have slumped to their worst levels of the session with today’s selling dropping the S&P 500 back below its 200-day moving average. Currently, all three of the major averages trade down close to 1.1%. Shares of...
The major market averages are flat during a quiet holiday trade. All three of the major averages are currently within 0.1% of the flat line as stocks drift in a lackluster session. Shares of Sears Holding (SHLD 36.55, -9.30) are trading down...
The major equity averages have eased back a bit in recent action, but they remain in positive territory with modest gains. However, small-cap stocks are still looking especially strong, collectively boasting a gain of almost 1%, as measured by the...
Stocks have stabilized after being rebuffed by broad market resistance, but they haven’t yet made an attempt to re-test session highs. Financials are offering early leadership, much as they did in the prior session. Financials have run up to a 1.3%...
Early action remains strong, but the ascent by the S&P 500 has been slowed because of resistance in the region of 1225, which currently contains the 50-day moving average for the broad market measure. Even a better-than-expected Philadelphia Fed Survey has...
The major equity averages are down modestly this morning. Energy plays are a primary source of weakness with oil prices down nearly 3% to $97.20 per barrel. As a group, energy stocks are down 0.9%. Financials are showing some strength today....
Stocks have surrendered a substantial chunk of their gains in recent trade. The market’s reversal comes after the S&P 500 failed to overcome resistance near the 1250 line and the euro has retreated to a 0.9% loss against the greenback...
Stocks momentarily stabilized after a firmly lower open, but sellers have redoubled their efforts to take the broad market another leg lower. The concerted selling effort has made for widespread weakness and driven up the Volatility Index by about 3%. Although...
