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[Chart courtesy of MarketWatch.com] Moving the Markets It was another mixed day in the markets as encouraging news via a stronger-than-expected ADP employment report was offset by a collapse in oil prices, which got hammered at the rate of -5.38%, their biggest drop in over a year, caused by a bearish inventory report. The ADP report showed that private companies …

[Chart courtesy of MarketWatch.com] Moving the Markets One look at the above chart and you’ll notice something that we have not seen in a long time. After the indexes spent all day below the unchanged line, the usual late afternoon ramp, which we’ve become accustomed to for a long time, did not materialize as stocks took a another dive but …

[Chart courtesy of MarketWatch.com] Moving the Markets The major indexes started out the week on a negative note, rallied off the lows but did not manage to climb above the unchanged line. Setting the sour mood were news reports from N. Korea over the weekend that they had fired four ballistic missiles into the sea northwest of Japan. That was …

[Chart courtesy of MarketWatch.com] Moving the Markets While the jury is still out in regards to me considering yesterday’s market ramp a “blow-off” top, today’s pullback did not come as a surprise with the major indexes having been on 12-day parabolic rampage supported by not a lot of real news to justify it. Of course, today could have been a …