
PPI= selloff! That was all we needed to see today as the PPI started the market out in a bad way and things did not improve much from that point. It was a broad based selloff, but there is some hope as the Vix did not move up much
A whoppin' on the Dow today and the S&P and everything else. Bad news on the Financials and it was a bloodbath. We see this reflected in the XLF as the volatility in that ETF is creeping much higher
Borrrring!! That was the expiration cheer that we heard on Friday, but what we did find exciting is the fact that VIX is nder 20, we need to keep an eye on this but with a 5 week expiration and a holiday coming up no surprise.
The Dow is looking strong heading in to expiration as are most major indexes but as we know expiration can hold surprises. We get some excitement in the market wrap-up tonight as Carl Icahn shakes things up.
The market takes it on the chin. The financials have a tough time as JPM announces problems with mortgages. We see volatility up in Financials and the market overall. A surprise up move for GM.
Nice Day! The Dow rallies 50 but gives up much of its rally but still has a very positive day. A real surprise is that GM is our percentage leader on the day. AMZN has lots of volume and volatilty. Stay Tuned
Wow what a rally on Friday as the market was up over 300 points on the day with 28 advancers and only 2 decliners. HD our big percentage leader in the clubhouse. We throw in a little Elvis to get us started as JJ is in Vegas for the Investors conference.
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That Whacking sound you heard was the Dow getting beaten up. As the the Dow was down more then 224 points in Thursdays action. The Financial stocks had problems again, the question becomes can they bounce back with FNM or does Fannie take us down further?
CSCO leads the way with some nice earnings and the Dow posts a respectable gain again. ELN has some rough times as CSCO says they may no longer be interested, but a solid day for the markets.