Market Opens Higher, Drifts Lower
12:20pm (EST) All things considered, it was a successful open for Wall Street as the major exchanges opened without a […]
12:20pm (EST) All things considered, it was a successful open for Wall Street as the major exchanges opened without a […]
1:15pm (EST) Trading is set to resume on Wall Street for Wednesday and it will be a busy 3 days.
12:30pm (EST) The bulls are trying to recover from Tuesday’s drubbing and have done a good job of holding positive
12:05pm (EST) It always amazes us when the talking heads look for good news in a crummy market. We mentioned
12:05pm (EST) The market is mixed heading into the second half of trading as the bulls failed to make a
9:00am (EST) The bulls were on track for their fourth-straight win on Thursday and were pushing green before Wall Street
12:15pm (EST) The market is holding up well despite a number of high profile earnings misses as the bulls try
9:00am (EST) The bulls put together another solid rally on Tuesday as they pushed the market past resistance which was
1:05pm (EST) We said the bulls needed to get off to a good start today and for the most part,
12:40pm (EST) Futures were fluttering for much of the morning which lead to a mixed open and the action remained
9:00am (EST) It took 40 days but the bears finally cracked the century mark after pounding the bulls on Tuesday.
9:00am (EST) “Although the bulls slipped again last week, September was a month to remember as the market rallied 4%,
1:00pm (EST) The pattern for the market this week has played out much the same way today. Futures have been
1:00pm (EST) The bears are pushing the second wave of support as we head into the second half of trading,
12:15pm (EST) The bears got off to a good start as the pushed the bulls back at the open but
1:05pm (EST) Shares of Shuffle Master (SHFL, $14.95, down $0.48) are getting decked today after missing Wall Street expectations on
9:00am (EST) The market followed it’s normal pattern of trading in a tight range with both the bulls and bears
9:00am (EST) The market ended mixed on Wednesday as the tug-of-war between the bulls and bears continued but there was
1:40pm (EST) The market has traded in a tight range again today but much of the action has favored the
12:10pm (EST) The market got an opening pop this morning following better-than-expected economic news but the momentum has stalled once
12:35pm (EST) Futures were showing a weak start for Wall Street last night but had improved before the opening bell
1:40pm (EST) Futures were up a half-percent before the European markets opened but were flat ahead of this morning’s key
9:00am (EST) The market traded in a tight range on Wednesday as the battle to break or hold resistance continued
12:50pm (EST) As expected, the market has traded in a tight range today and has pushed red and green as
1:45pm (EST) The news Wall Street has been dying to hear finally arrived after Thursday’s close as FaceBook (FB, $24.07,
9:00am (EST) The bulls were able to push the top of the current 3-month trading range as continued hopes of
1:10pm (EST) The market got a huge bounce this morning after ECB (European Central Bank) President, Mario Draghi, vowed to
1:00pm (EST) The market got an opening pop following better-than-expected earnings from Caterpillar (CAT, $80.98, down $0.45) but the rally
9:00am (EST) Tech could be in trouble today so let’s go over Tuesday’s numbers real quick. The Dow dropped 104
12:00pm (EST) We have a lot to cover today as we get ready for a possible trend change in the
9:00am (EST) The bears won their eighth-straight Monday as the market pulled back 1% on renewed Europe worries and a
9:00am (EST) “July option expiration is Friday and over the past decade, the third Friday in July has been bearish
12:30pm (EST) We mentioned last week that today could be nasty as July options expiration day has favored the bears
12:35pm (EST) The market got a slight bid at the open as the bulls added some fluff to yesterday’s gains
9:00am (EST) The market powered higher for the second-straight session as the bulls made their way back to the top
12:30pm (EST) Intel (INTC, $26.20, up $0.82) reported earnings after the close yesterday and they came in better-than-expected, for the
12:50pm (EST) The market has traded in negative territory for much of today’s session although the bulls are trying to
12:45pm (EST) The bears were going for a clean sweep this week but the bulls are pushing resistance, which was
12:55pm (EST) Futures were down when we started researching the overseas news last night and got progressively worse before the
9:00am (EST) The bears were able to crack another layer of support following our midday update on Tuesday as they
1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open
9:00am (EST) “We often say markets can become overbought or oversold and that support and resistance can get stretched. While
9:00am (EST) “Although the indexes are still in a “trading range”, Thursday’s 2+% pullback was a wakeup call for the
9:00am (EST) “This past Monday was a negative close for the market and had it been positive, we might have
1:00pm (EST) Sometimes the best trades can be influenced by what the market is doing and with today’s bounce, which
12:15pm (EST) Wall Street Notes: Facebook (FB, $27.33, down $0.86) Weekly Options started trading today. There has been more put
12:25pm (EST) It has been another choppy session today but the price swings have been much milder compared to the
1:15pm (EST) It is too early to tell if Monday’s rally was a “dead cat bounce”, short-covering, a countertrend rally,
1:05pm (EST) The bulls are working on a 2-session win streak as they look to push the next layer of
12:40pm (EST) Futures were soaring last night before we hit the rack and were showing a strong open on Wall
9:00am (EST) The bulls were behind the 8-ball again on Wednesday as the bears pushed March lows at the open.
1:05pm (EST) The market is doing what it should have done yesterday but we didn’t mind waiting 24 hours as
1:20pm (EST) The market has traded in a tight range all week but with today’s losses, the bears are now
9:00pm (EST) We have GREAT news to report! Our Green Mountain Coffee Roasters (GMCR, $49.52, down $0.22) put option trade
2:00pm (EST) The market is mixed as we head into the final few hours of trading. The bears got a
12:50pm (EST) The bulls continue to climb a wall of worry and have pushed the blue-chips to a 52-week high
9:00am (EST) “This will be one of the biggest weeks as far as earnings and any negative surprises could have
9:00am The bulls battled back on Tuesday and were able to recover much of Monday’s losses as Wall Street and
1:25pm (EST) The market is up going into the second half of trading but the major indexes are off their
9:00am (EST) “Another clue and possibly the final piece of the bear’s puzzle will be if they get a negative
11:30pm (EST) 1. Market Summary 2. Ubiquiti Networks (UBNT) – A High-flying IPO 3. Earnings 4. Weekly Wrap Portfolio Update
1:00pm (EST) The bears are getting smoked on 420 Day as the bulls try to hit new highs before the
9:00am (EST) The bears took another step closer to getting back to even for the week following Thursday’s big win.
2:00pm (EST) Futures can cause some sleepless nights which is one reason we don’t trade them because we would never
1:00pm (EST) IBM (IBM, $201.63, down $5.82) and Intel (INTC, $27.91, down $0.56) are weighing on the market after reporting
1:00pm (EST) The market got a huge pop at the open as the Dow tripped 13,000 on better-than-expected earnings from
1:50pm (EST) We remember watching an interview a few years ago with Google founders Larry Page and Sergey Brin who
9:00am (EST) The bulls made it back-to-back wins on Thursday after another strong outing pushed the major indexes back near
12:40pm (EST) Futures were pointing towards a strong open this morning but took a hit after an unexpected spike in
9:00am (EST) The bulls got back in the win column on Wednesday after 5 days of heavy selling pressure which
12:15pm (EST) The bulls made a slight push higher at the open but the gains were marginal before the major
1:05pm (EST) Futures were slightly lower as we headed to press this morning which lead to a weak open. The
9:00am (EST) The bears had a slight edge going into Monday’s session as negative news from overseas weighed on Wall
1:10pm (EST) Before we talk about the market we wanted to remind everyone to go out today or tomorrow and
2:00pm (EST) Futures were up when the European markets opened for trading this morning and were advancing as we headed
1:05pm (EST) The market has remained in a tight range following Monday’s surge as mixed economic news has helped both
12:20pm (EST) The bulls are trying to dig themselves out of a hole after starting today’s session in the red
9:00am (EST) The market ended mixed again on Wednesday as Energy stocks sagged while Tech and the Financials stocks were
1:15pm (EST) The bears are trying to get on the scoreboard after yielding points to the bulls for 3-straight sessions.
9:00am (EST) Volatility returned yesterday as the market gyrated from positive gains, to negative, back to positive, before finishing the
9:00am (EST) The bulls were on their game yesterday and once again made a run at our “fluff” targets as
12:40pm (EST) Shares of Priceline.com (PCLN, $635.50, up $42.96) are surging 7% today after announcing better-than-expected results last night. The
9:00am (EST) The market finished flat after a rocky start as the bears pushed the major indexes lower by 1%
1:00pm (EST) The bulls are struggling with resistance once again as they have been unable to mount an attack following
10:00am (EST) We tried to squeeze as much as we could out of our Zynga (ZNGA, $13.10, down $1.25) call
1:20pm (EST) It’s been amazing to see the numbers of bears switching sides and Barron’s call for Dow 15,000 wasn’t
12:40pm (EST) The market is trading slightly lower to start the week after another failed weekend of talks between Greece
9:00am (EST) The market finished flat on Thursday ahead of this morning’s unemployment numbers with Tech showing strength while the
12:45pm (EST) The bulls continue their quest for new 52-week highs following better-than-expected economic news and a host of good
12:30pm (EST) It is always nice to make 100% on an option trade, especially in 2 weeks, but sometimes the
9:00am (EST) After an initial pop at the open, the market matched Monday’s action by testing support and spending the
1:15pm (EST) We said no Greece deal would weigh on the market this week and perhaps keep the reins on
9:00am (EST) Oh, baby do you know what that’s worth? ($100 billion) Oh, Heaven is a place on Earth. They
1:00pm (EST) Futures were weak throughout the night following a collapse in the Greece debt talks and got progressively worse
9:00am (EST) The market ended mixed on Monday as nervousness over Greece’s debt woes held back the early momentum. The
1:10pm (EST) The bulls got off to a slow start but moved into positive territory shortly after the open as
9:00am (EST) Well, Europe didn’t flare up and 4Q earnings came in halfway decent for some, not so good for
9:00am (EST) The bulls rolled out the red carpet after the bell on Thursday as a number of companies were
1:10pm (EST) The bulls got a bevy of good news before the bell this morning which led to a good