U.S. Equities Fail To Follow Through On Poor ISM Data March 2013

Market may be overextended and pausing for next leg of the rally. The stock market gave back some of last week gains as poor economic data decreased bullish trading sentiment. ¬†Stocks lost luster after a gap up in the early part of the session and continued to lose ground throughout the day. ¬†What appeared to[…]

S&P 500 Finally Hits All Time High March 2013

S&P 500 Closes At 1,569: The moment traders were anxiously waiting for finally occurred on Thursday, the last trading day of the first quarter 2013. The S&P 500 hit 1,566 early in the day and soon the word spread that the stock market was making gains again although bonds didn’t take too much of a[…]