On Thursday, was market was volatile in the morning session. The S&P opened up +6 points, then it fell -11 points in the first 30 minutes. For the remainder of the day, the market settled down and traded inside the high and low of the morning…
On Wednesday, the market fell off of the open, and then it ranged sideways for the rest of the day. This was a day when the BIGs sat mostly on the sidelines. All three major indices declined on the day. The Nasdaq Composite gave back -34 points…
Last week's Wednesday report noted that the Nasdaq had bounced off its 200 day moving average and the "market's attempt at a correction reversal" had begun. Over the ensuing days, the market rose on weak volume. Today, volume was strong, and the…
On Wednesday, the market made a broad advance, adding to Tuesday's gains. The Nasdaq, S&P, and Dow all rose for the 3rd straight day. But the evidence was lacking for an end to the correction, and the current market action appears more like a…
On Tuesday, the market flexed its volatility muscles as the bulls won an intraday arm wrestling match with the bears. In the morning session, the Nasdaq had declined almost -2% (-108 points) when the bulls took over. By the time the market closed…
