Dow Posts 10 Straight Up Days, Will The S&P 500 Hit A New All-Time High?

Short Term Bulls May Still Have Momentum: Traders are enthused about the current bullish trends as the S&P 500 approaches new all-time highs.  The Dow Jones Industrial Average has posted 10 straight days up while the NASDAQ and S&P 500 are at multi-year highs.  Momentum is decidedly bullish but many market participants believe a correction[…]

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious

Dow Has First 9 Day Winning Streak Since 1996 On February 2013 Retail Sales, Traders Cautious: When will we start talking about the Fed again? Traders picked up on upward momentum in midday trading as the Dow rose marginally in a cautious trading environment. The Dow Jones Industrial Average barely gained for the day closing[…]

Dow Climbs Higher With Lower Conviction, Is It Time To Fade The 2013 Rally?

Dow Climbs Higher With Lower Conviction, Is It Time To Fade The 2013 Rally? Stocks rose again with little follow through after posting the seventh consecutive day of gains. Many market gurus are expecting a pullback of some sort after the beginnings of a correction occurred a couple of weeks ago, but equities are still[…]

Dow Follow Through Is Light After Historic All-Time High

Dow Follow Through Is Light After Historic All-Time High March 2013: Volatility creeps up.  The Dow Jones Industrial Average rose marginally today as traders built on yesterday’s all-time high. The Dow hit 14,296.24 up 42.47 or 0.30% with slightly rising volatility. Traders were encouraged by news from ADP showing private sector jobs growth of 198,000[…]

What Sequestration? Dow Hits New All-Time High Of 14,253

What Sequestration? Dow Hits New All-Time High Of 14,253: But hold on, the economic data is coming. The Dow Jones Industrial Average closed at 14,253.77 up 125.95 or 0.89 percent hitting a new all-time high only a few days after the sequestration begun. Equities were led by the financials, small-caps and mid-caps as bulls were[…]

Equities Make Comeback After 2013 Worst Day Ever On Housing And Consumer Data

Equities Make Comeback After 2013 Worst Day Ever On Consumer And Housing Data Will it last? Stocks made a strong comeback today after the Dow Jones Industrial Average fell over 200 points yesterday to close with the worst point loss in 2013 so far.  After 3 weeks of severely tight trading, stocks broke out of[…]

February 2013 Rally Fades As Dow Loses 216 Points

February 2013 Rally Fades As Dow Loses 216 Points: Dow Jones Industrial Average Has Worst Day Of 2013. The Dow Jones Industrial Average fell triple digits as investors lost their appetites for risk.  The Dow fell 216 points to 13,784 and the selling got stronger towards the end of the day.  We have been neutral[…]

Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility

Dow Has 2nd Consecutive Weekly Loss In 2013 On Low Volatility: Stocks were mixed ahead of a long three-day weekend with no trading on Presidents Day Monday February 18, 2013.  Traders were reticent to make heavy long side bets with no new catalyst to drive stocks higher.  The Dow Jones Industrial Average closed up only[…]

Dow Has First Week Of Losses In 2013

Dow Has First Week Of Losses In 2013: The Dow had a seesaw week that culminated in a marginal loss.  Stocks have been tricky this week as they rose on low momentum with traders buying on dips.  Much of the trading action occurred with low volatility which rose slightly towards the end of the week.[…]

Dow Makes Strong Comeback As Volatility Fades – Will Low Volatility Be The New Norm?

Will the low volatility trend continue? The Dow Jones Industrial Average made a strong comeback today as volatility dropped sharply.  We have been watching volatility closely for the last few days and the spike higher yesterday was not confirmed by follow through today.  Investors seem bullish in an environment characterized by low volatility which could[…]