[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a mixed day as the the above intra-day chart of the S&P 500 shows. Dancing above and below its unchanged line and ending 0.02% lower isn’t exactly a sign of a strong bull market. The Nasdaq fared the worst as Apple got clobbered again tumbling to a two-year low producing …
Disney Miss Brings Down Dow
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After posting its biggest daily gain since March 1, the Dow’s upward move did not last too long and the warm fuzzy feeling from yesterday dissipated in a hurry. Hitting the markets today, was the news that Staples (SPLS) decided to bail on its $6.3 billion acquisition of Office Depot (ODP) after …
Volatile Monday; Solid Tuesday!
[Chart courtesy of MarketWatch.com] 1. Moving the Markets After a volatile session to kick off the week Monday, U.S. stocks surged today as Wall Street attempts to gauge the market’s next move amid a recent stall in momentum after a sizable rally off of the lows in February. If you are looking for a reason to support the rally, there …
Markets Remain In Limbo
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The U.S. stock market, currently riding a two-week losing streak amid signs of fading momentum after a big rally off the market lows back in February, kicked off the new week with mixed results and little signs of breaking out to the upside. Oil dropped a bit, there was some news on …
May Proving To Be Unpredictable
[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks struggled to stay above ground today. Early morning movement was positive, however, roller coasters go up and they go down. The Dow was the only major index to finish in positive territory on the day. U.S. produced crude prices are on the rise again as raging forest fires in Alberta, a …
Stocks Continue Slide Through Mid-Week As Bad News Is Bad News.
[Chart courtesy of MarketWatch.com] 1. Moving the Markets U.S. stocks fell again, which is in line with the trend for the week thus far as for a long overdue change bad news is recognized as bad news. Investors are pondering weaker-than-expected readings on job creation in the private sector last month, mixed with good news on the services sector of …