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Strong statements from the European Central Bank ignited leading stocks, causing the markets to recover some of this week’s losses. The show of strength was enough to reverse the market correction that started on Tuesday, and confirm a new uptrend. … Continue reading
Yesterday’s upward momentum was the silver lining in an otherwise gloomy day in the investing world. After opening lower, the NASDAQ, S&P 500, and NYSE clawed their way back to close near the highs for the day. But today was … Continue reading
The U.S. stock market continues to toy with investor’s emotions, oscillating between rising, stalling, and falling on a seemingly weekly basis. Prior to Friday, the major indexes shrugged off a slew of worse than expected financial news. Continue reading: Confirmed … Continue reading
Tuesday’s losses were enough to send a shot across the bow of the latest market uptrend. Trading volumes ran higher, delivering a third day of distribution. With the rally only entering its seventh day, this latest round of selling put … Continue reading
Last Friday’s huge price move and associated trading volume were enough to send us back into a rally. This was sort of price movement that has been absent in recent rally attempts. Continue reading: Stock markets climb back into a … Continue reading