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

Resolving the previous day's indecision, stocks made a decisive, downward move that resulted in sizeable losses across the board yesterday. Unlike the choppy price action of recent days, a steady, intraday trend (down) persisted from the open to the close. The Dow Jones Industrial Average tumbled ... 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

Last Thursday's surprising reversal off the previous day's lows vanished just as quickly as it came. Stocks gapped higher on Friday's open, but traders immediately sold into strength, setting into motion a steady intraday downtrend. By the closing bell, the major indices had given back most to all ... Read more

A solid start led to an ugly finish yesterday, as a late-day sell-off sparked substantial losses across the board. After trending higher throughout the morning session, stocks initially erased Tuesday's losses and were back to testing their recent highs. Thereafter, the main stock market indexes m ... Read more

Brushing off the previous day's weakness, the major indices cruised to another round of fresh 2009 closing highs yesterday, though the rally lacked the punch of higher volume. After opening near the flat line, stocks trended higher in the morning session, then drifted in a sideways range throughou ... Read more