After opening near the flat line, the major indices initially attempted to follow through on yesterday's bullish momentum, but stocks turned tail at mid-day, thereafter heading south throughout the afternoon. The S&P 500 and Dow Jones Industrial Average gave back about two-thirds of the previo ... Read more

FINTAG COMMENT Feeding frenzie. Let's face it. This blog is at the bottom of the pile of financial news, propaganda and analysis that permeates our brains every second of the day. So why I get tens of thousands of you hanging onto my typos and ramblings every day is quite frankly silly. ... Rea ... Read more

A huge bounce in the beaten-down financial sector sparked a massive rally on Wall Street yesterday, enabling the major indices to score their largest one-day gains in months. Stocks gapped higher on the open, then trended steadily higher as the day progressed. The Nasdaq Composite jumped 7.1%, the ... Read more

OK, going to officially go on record as saying volatility is too high. Here's why I say that. Yes, financials look like a disaster again. But unlike last Fall, nothing else really does. Tech doing pretty well. Energy names look alright. And so on. Even with yesterday's scary drop, SPY ... Rea ... Read more