Equities Flip-Flop As Trading Sentiment Turns Shaky: Stocks flipped-flopped ending the day with modest losses as traders changed sentiment from positive to negative several times. The Dow changed from up 30 to down negative 30 in the current extended rally that hasn’t had much of a correction. Our technical analysis chart/relative strength indicator/distribution analysis for the…
The Most Hated Stock Market Rally Just Got More Institutional Friends: Stocks jumped yesterday as more smart money stayed bullish and shorts were forced to spend money on ‘shovels’. Some of the “hold your nose buying” we said would occur happened as big players stepped in and a parabolic move up took shorts out of the market.…
Equities Hold Firm After Strong First Week 2013: Stocks held ground in rangebound trading today as investors digested the news from Wells Fargo’s earnings report today. Wells Fargo posted record profits for the quarter and speculation grew today that the rest of the banking sector was returning to the profitability of a few years ago…
Stocks Rise After Gaza Cease Fire Announced, Will It Last? Stocks came back from early losses today when it was announced the Egypt along with the United States had brokered a deal to end the fighting in Gaza which began late last week. The ToryCapital/InterSearchMedia staff was abroad as the fighting started but stocks came…
Volatility Rises, Euro Falls As Investors Await Serious Resolutions From June 2012 EU Summit U.S. equities fell today as investors waited to hear news from the June 2012 EU Summit being held this week. Volatility rose over 15 percent in early trading today as market participants turned negative on the EU Summit as no good…
