Broad market indices gapped lower on the open and sold off sharply during the first hour of trading. The steep decline out of the gate put pressure on those who bought the recent breakout to new swing highs, as their positions were quickly taking on water. Though the ugly internals and heavy selli ... Read more

Shaking off early weakness following the previous day's breakout to new highs, stocks recovered to close with mixed results yesterday. The major indices chopped around in negative territory throughout the morning session, reversed at mid-day, then drifted higher in the afternoon. The S&P 500, down ... Read more

Recovering most of their previous day's losses, the major indices logged a round of solid gains last Friday. Stocks trended higher throughout the morning session, surrendered some of the advance in the afternoon, then drifted back up in the final hour of trading. The Nasdaq Composite increased 0.9 ... Read more

Following up last Friday's lethargic session with a large, broad-based advance on higher volume, stocks scored their sixth straight day of gains yesterday. The major indices gapped sharply higher on the open, then trended steadily north throughout the entire session. The S&P 500 jumped 2.2%, as th ... Read more

Brushing off the negative knee-jerk reaction to the previous day's Fed meeting, stocks zoomed higher yesterday, but turnover remained tepid. The major indices opened in positive territory, trended higher during the first ninety minutes of trading, then consolidated in a sideways range throughout ... Read more

Stocks got off to a positive start yesterday morning, as the S&P 500 rallied sharply and reclaimed its 50-day moving average by mid-day. But a negative, knee-jerk reaction to the afternoon Fed announcement on economic policy sparked a sell-off in the final hour of trading that caused the major ind ... Read more

After three straight days of steady, intraday trends (2 down and 1 up), stocks began the month of November with a session of indeterminate chop. Early strength enabled the major indices to briefly reclaim about half of the previous day's losses, but the bears resumed control at mid-day, causing st ... Read more

Taking advantage of the previous day's bounce, traders aggressively sold into strength last Friday, causing the major indices to surrender all of Thursday's gains and break down to new lows of the week. Stocks opened near the flat line, but subsequently trended steadily lower throughout the day. B ... Read more

Bouncing back from its recent decline and four straight days of losses, the stock market surged higher yesterday, enabling the S&P and Nasdaq to reclaim their 50-day moving averages. The session was virtually a mirror image of the previous day's action, as the major indices opened higher, then tre ... Read more

A choppy, indecisive of trading yesterday made us pleased to be in "SOH mode" (sitting on hands). Showing significant divergence amongst the major indices, stocks finished with mixed results. After bouncing around in a sideways range, the Dow Jones Industrial Average eked out a gain of 0.1%. Howev ... Read more