Another quiet session in a week full of them. The S&P 500 gained 0.23% and the NASDAQ 0.38% as morning weakness was bought. This is a good sign again, but these gains are of a grinding nature. Existing home sales for April fell 3.3%, missing an expected 1% gain to 5.24 million units. Earlier in the week, reports showed home […]
Stock Market Holding Well…..Stock-Markets / Stock Markets 2015May 05, 2015 – 10:08 AM GMTBy: Jack_SteimanSo yes, we saw yet another failure today when the S&P 500 got back to 2119, and turned south, but it didn’t turn south very hard. That’s good to see if you’re bullish. The market is trying to hold up better on this latest test of […]
Much like yesterday some early morning red numbers led to dip buyers coming in to buy as we had an unusually quiet employment report day. Usually there is much more volatility off the jobs data – Friday the S&P 500 gained 0.03% and the NASDAQ dropped 0.13%. The Labor Department reported payrolls increased by 214,000 last month, less than the […]
MomentumOptionsTrading.com Pre-Market Update for 8/12/2014Bulls Get Monday Win/ VIX Back Below 15/ Profit Alert!9:00 a.m. (EST)The bulls won their third-straight Monday session and cleared resistance, for the most part, following a continued rally off of last Thursday’s lows. Check one.Check two came on lowered volatility, as geopolitical tensions eased and the VIX deflated. And, check three? Well, that came after […]
Stock Market Bears Let It Slip Away…..Again…For Now….Stock-Markets / Stock Markets 2014Apr 10, 2014 – 09:42 AM GMTBy: Jack_Steiman
It’s the same old story folks. The bears bring the market indexes down to critical support zones. All they need is a gap down. Just one nasty gap down to put the final nail in the coffin. You can […]
To support his thesis Cramer pointed to recent declines in Vitamin Shoppe after competitor GNC reported earnings. “This is a textbook example,” Cramer said. “Back on February 13th, GNC, the huge vitamin, supplement and diet product chain, reported a quarter that was widely viewed as being disappointing. It was just a subpar quarter. […]
Stock Market Showing Strength….Spread Lower Still…Stock-Markets / Stock Markets 2014Feb 13, 2014 – 09:20 AM GMTBy: Jack_Steiman
It is so interesting to watch how rapidly something can happen within the machine known as the stock market. It wasn’t very long ago that the bull-bear spread was 46%. Bulls themselves we’re at 61%, an incredibly high number. This morning, […]
