The rally that began off the opening regular sessions had legs. Even though the unemployment rate ticked up (3.5% to 3.7%), the economy still exhibited strong job growth for the…
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Investors showed no concern whatsoever for the May jobs reports that will be released at 8:30 AM EST on Friday. For now, they are convinced the Fed is going to…
The S&P 500 index futures ended a three-day winning streak, falling by 24.50 handles at the closing price of 4190.50. The mild retreat made the index basically a scratch for…
Investors welcomed the much anticipated passage of the debt ceiling and took the index to a new closing high for the recent rebound, adding 1.75 handles to close at 4215….
In the stock trading world, one of the less focused-on aspects to examine is the buy and sell imbalance. These imbalances, driven by various factors, often provide an opportunity for…
Once again, mega cap technology stocks propelled the index sharply higher to end the week. With six of the seven top components all being mega cap technology, all sporting gains…
Following back-to-back down days, the S&P 500 index needed a positive catalyst to rally and it certainly found one in Wednesday’s after-hours session. That being a blowout Q1 report and…
The retreat from the recent highs for the move on Tuesday had some follow through in Wednesday’s session. The S&P 500 futures went red around 5:00 AM EST and drifted…
A pause in the rally on Monday alerted the bears that the recent buying pressure may be subsiding. That, coupled with the S&P 500 index approaching its high for the…
Neither the bulls nor the bears were able to get the upper hand in Monday’s session. The bears were able to defend both the high for the move from Friday…
