Submitted by Dana Lyons,When we posted yesterday’s piece on the stock market’s weak internals (If Beauty’s On The Inside, This Market Wins The Ugly Contest), we weren’t sure if things could get any worse – and by how much – with the major averages still able to hold near 52-week highs. Well, the answers were “yes” and “a lot”. In […]
CRNT had a big move today on high volume as it shot through resistance at 1.10 and at 1.16. It is now sitting right under multi-month resistance at 1.20 and needs to break that level before moving higher. I do like the potential for this stock if that level is broken – notice how there is not any resistance ahead […]
SummaryGold-stock trading volume is high and growing, revealing much trader conviction behind the strong early-year rallies in gold and silver stocks.
The higher the volume underlying any particular move, the greater its strength and staying power. And the volume in the gold juniors, which are slaved to sentiment, is incredible.
Since trading volume generally grows as uplegs mature, seeing such high volume […]
MARKET SUMMARY- QE, apparently from anywhere, is all stocks want.- Earnings in need of some improvement- Stock indices pause after a strong Thursday EU QE move.- SP400 midcaps look at becoming leaders.- Good moves, more leaders showing up, now can the indices break up the toppy patterns?Friday was not a great day for the market, but it was not a […]
The 4 Stocks That Steered the Market
By Paul Ausick September 3, 2014 4:01 pm EDT
September 3, 2014: Markets opened higher on Wednesday following a report — later said to be inaccurate — of a cease-fire in Ukraine. Equities have drifted lower all day. The Federal Reserve’s Beige Book was released this afternoon, weighing shares down even more, led by weakness […]
SAN FRANCISCO (MarketWatch) — Gold futures fell for a second session on Monday as investors shifted their attention to stocks. December gold /quotes/zigman/635641/delayed GCZ4 +0.25% shed 50 cents to settle at $1,310.50 an ounce on the Comex division of the New York Mercantile Exchange. The stock market extended gains as geopolitical risks eased and on dovish remarks from the Federal […]
SAN FRANCISCO (MarketWatch) — Mobileye NV /quotes/zigman/36259923/delayed/quotes/nls/mbly MBLY +48.00% surged in its first few minutes of trading in the U.S. stock market Friday, attesting to strong investors’ interest in the Israeli technology company. The maker of camera systems that help cars detect other vehicles and obstacles priced 35.6 million shares at $25 a share. Mobileye is offering 8.3 million shares […]
LOS ANGELES (MarketWatch) — Australian shares are trading weaker Tuesday morning, though off their early lows, with the S&P/ASX 200 /quotes/zigman/1653884/delayed AU:XJO +0.41% showing a loss of 0.2%. A retreat for stocks across Europe and the U.S. is weighing on the majority of the financials, with Australia & New Zealand Banking Group /quotes/zigman/180795/delayed AU:ANZ +0.57% /quotes/zigman/180794/delayed/quotes/nls/anewf ANEWF -0.28% and Macquarie […]
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