The indecisive, range-bound chop of the preceding several days resolved itself yesterday, as the main stock market indexes made a decisive move. Unfortunately for the bulls, the break of the range was to the downside. A worse than expected Consumer Sentiment reading sparked a swift drop after the ... Read more

Following through on the previous day's stumble, bearish momentum picked up substantially yesterday, causing all the major indices to suffer losses of at least 2%. An upward surge in the first forty-five minutes of trading encouraged the bulls, but the bears aggressively sold into strength of the ... Read more

Gapping down to open near last week's lows, the stock market quickly trapped the bulls who bought last week's broad market pullback to key support levels. As such, the situation rapidly deteriorated, as bulls were forced to sell their positions and the bears joined in the selling. Stocks trended s ... Read more

Maintaining its recent pattern of erratic and whippy trading, the stock market surrendered a substantial portion of the previous day's gains. After gapping down on the open, the major indices built on their losses throughout the morning, briefly attempted to rally in the early afternoon, then drif ... Read more

Bearish momentum from Wednesday's breakdown to new multi-year lows led to another session of sharp losses across the board. After opening lower, the major indices briefly reversed into positive territory by mid-day, but the bears returned in the afternoon, sending all the main stock market indexes ... Read more