Good evening StockBandits!

The DJIA was up about 22 points prior to the FOMC announcement today, but each of the other averages were slightly in the red. [Read more…]

Good evening StockBandits!

The market basically flatlined today ahead of tomorrow’s highly-anticipated Fed policy announcement (the meeting began today), holding onto Monday’s advance but unwilling to add to it. [Read more…]

Good evening StockBandits!

Sunday evening weakness in the futures markets indicated a poor start for US stocks after the weekend, but an overnight reversal to the upside and some positive economic data painted a much different picture by the time the stock market opened. [Read more…]

Good evening StockBandits!

The market struggled last week across the board with the major indexes shedding 1.5% to 2.1%.  The bounce from the end of the prior week was completely erased, and downside volume picked up. [Read more…]

Good evening StockBandits!

The warning signs were there, and today we got another pullback.  The shift to safety (gold & bonds) and intraday equity weakness on Tuesday, paired with a lack of follow through to Friday’s big rally, set the stage for some selling if the bulls didn’t get in gear. [Read more…]

Good evening StockBandits!

The indexes took a breather today with mild pullbacks across the board.  Interestingly, there was a bit of a flight to safety as both gold and bonds popped to add to their recent lifts from short-term lows. [Read more…]

Good evening StockBandits!

The market showed some letup today as Friday’s strong rally saw no real follow through to speak of. [Read more…]

Good evening StockBandits!

The market took a breather for much of last week with multiple declines on the heels of the Thanksgiving rally. [Read more…]

Good evening StockBandits!

The indexes ended the day mixed and little-changed despite getting a taste of everything intraday. [Read more…]

Good evening StockBandits!

A mid-day downtrend ultimately proved to be the difference-maker in today’s session as stocks finished lower across the board. [Read more…]