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By Anthony Lazzara |
May 14, 2013
The JUN13 E-mini Nasdaq has traded up through 3000 this morning, and is now trading at 3002. Our short term technical target for this market is 3050.
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By Stephen Kirkland and Nikolaj Gammeltoft, Bloomberg |
May 14, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the largest economy. Industrial metals retreated on concern about China’s growth.
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By Dan Gramza |
May 14, 2013
With neither bulls or bears taking control of the markets, a sideways direction has developed in most of the major sectors, according to Dan Gramza.
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By Anthony Lazzara |
May 13, 2013
The U.S. bond market has really started to show some interesting behavior, with the U.S. 30-year continuing its slide from last week this morning.
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By John L. Caiazzo |
May 12, 2013
Ambiguous employment data and rising inventories suggest roadblocks may emerge in recovery.
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By Dan Gramza |
May 12, 2013
Stocks showed solid confidence to end last week, and Dan Gramza is looking for that confidence to continue today.
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By Inyoung Hwang, Bloomberg |
May 10, 2013
U.S. stocks advanced, as the Standard & Poor’s 500 Index rallied for a third straight week, amid optimism that the U.S. economy is improving amid central-bank monetary stimulus.
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By Dan Gramza |
May 10, 2013
Dan Gramza expects the Nasdaq 100 to pause after it made new highs yesterday.
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By Christine Harper and Alexis Leondis, Bloomberg |
May 9, 2013
Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.
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By Sarah Jones and Inyoung Hwang, Bloomberg |
May 9, 2013
U.S. stocks were little changed, following five successive records for the Standard & Poor’s 500 Index, after data showed jobless claims declined.