[Chart courtesy of MarketWatch.com] Moving the markets Even though the S&P 500 closed in the green for its third straight day, upward momentum took a breather with the Nasdaq slipping slightly into the red. An early bounce faded below the unchanged line, but afternoon buying perked up the indexes, however, traders did not show much enthusiasm and tried to digest …
Major Indexes Pop
[Chart courtesy of MarketWatch.com] Moving the markets Traders felt a little more at ease this morning, as the GameStop trading slugfest continued to reverse course, at least for the time being. This formed the base for an enthusiastic pop in the markets with the Dow sporting a 600-point gain during the session. While the ramp lost some momentum into the …
Recovering From The Selloff
[Chart courtesy of MarketWatch.com] Moving the markets After stumbling during the last week of January, and a weak overnight session in the futures markets, the major indexes shook off whatever ailed them and opened solidly to the upside. An early dip towards the unchanged line was quickly recovered, and up we went during the remainder of the session. Taking the …