buyers

Are You Ready For A Pullback? BIIB, AMGN, GILD, CELG, UTHR, JAZZ, GOOG, FB, NFLX, APA, APC, EOG, PANW, DO, RIG

Stocks reversed the morning gains today and ended lower. The Dow was down 120.72 points (-0.69%); Nasdaq fell 83.5 points (-1.62%); SPX dropped 16.28 points (-0.78%).In this week’s Market Forecast, we discussed the possibility of leading sectors (biotech, internet, software, financial) finally falling back and pulling the broader market down.I have been saying for a while now that the broader […]

ECB Headline Knocks Sends Stocks Lower

The market was looking solid until the ECB headline on Greek debt.  Biotech stocks were hit hard to start the day with disappointing earnings set the tone for the NASDAQ early on.  The Dow Jones Industrial average erased early losses due to a boost from DIS after the company posted better than expected earnings.  Buyers were certainly out in full […]

TraderFeed: U.S. TICK: Tracking the Stock Market by Tracking the …

Yesterday’s trading session was interesting in that we started with early weakness, experienced a selloff that failed to break last week’s lows for most stocks, and then rallied back to the open before breaking out and moving steadily higher. Yesterday’s post illustrated how we can track such shifts in strength by identifying the number of stocks making fresh intraday highs […]