Strong performance in semiconductor stocks today
The Philadelphia Semiconductor Index (SOX) is up over 5.5% today and is having the best one-day performance since the group rebounded from a 52-week low on December 26th.
Read MoreMarket Musings
Tony will use his 30+ years of market experience to guide you throughout the trading day.
Day Ahead, Thursday January 24th
Thursday will feature a couple of data releases, including weekly jobless claims and the Leading Economic Indicator.
Read MoreBullish sentiment rises for the third week
The latest report from Investors Intelligence showed bullish sentiment rose for the third week, continuing to reverse from the extremely low level of bullish sentiment (29.9%) set in early January.
Read MoreSPX gives up early gains- fills opening gap
After gapping up ten points at the open, the S&P 500 Index (SPX) has since given up the gains and turned negative on the day. As of 11:30am EST, the…
Read MoreDay Ahead, Wednesday January 23rd
Tuesday saw the markets sharply lower on growing fears over global growth and an economic slowdown rose, ending a four day winning streak for the Dow. The markets fell after…
Read MoreThe Economic Week Ahead, January 21st
Following the trading holiday on Monday due to Martin Luther King Day, the markets will reopen on Tuesday with a potentially busy week of economic data depending on the ongoing…
Read MoreThe reflex rally and a couple data points
With the S&P now up nearly 12% since hitting a bottom on December 24th, and back up to the early December breakdown point, history would suggest the majority of the…
Read MoreLower volume but decent breadth
The S&P 500 Index (SPX) has recouped early session losses and is currently up 8 points, trading near the high of the day. Trading volume is lower today, as of…
Read MoreChecking in from the road
The S&P 500 (SPX) is up roughly 12% from the Christmas time low, and has matched the reflex rally that took place following the 2011 market crash that took the…
Read MoreFinancials outperform. Regain the 50-day moving avg.
The Financial sector is outperforming by a wide margin gaining 2.6%, on the day.
Read More
