Good evening StockBandits!

The snapback rally ended abruptly today, sending bulls back to the drawing board. [Read more…]

Good evening StockBandits!

After last week’s hard selloff, traders were looking for a bounce today. Some of them jumped the gun buying into pre-market strength or the opening gap higher, only to quickly regret it as stocks reversed into the red less than 90 minutes into the day. [Read more…]

Good evening StockBandits!

The market cracked last week [Read more…]

Good evening StockBandits!

The trading ranges stayed intact today with the S&P finishing essentially UNCH as the market avoided any surprises from the Fed [Read more…]

Good evening StockBandits!

Although today’s price action was a bit tamer than Monday’s, it led to essentially the same result: indecision. [Read more…]

Good evening StockBandits!

There was a good selloff this morning right out of the gate, but the pressure didn’t last long and ultimately saw a complete reversal. The indexes finished pretty flat on the day and with mixed results due to a lack of conviction. [Read more…]

Good evening StockBandits!

My vacation apparently came at a good time as the market is only a short distance from where it was before I left. There was some back and forth during my absence, but overall not much has changed. [Read more…]

Good evening StockBandits!

In keeping with the recent price action, today we saw the blue chips again outpace the small caps, leading to mixed results on the session. [Read more…]

Good evening StockBandits!

For the second straight day, the high of today’s session was set in the morning. The early strength was modest, and after the NAZ failed at 4451 again, the tide turned [Read more…]

Good evening StockBandits!

The bounce off last week’s low continued today with an opening gap to the upside, but the early enthusiasm wore off right away and the rest of the session [Read more…]