Good evening StockBandits!

The RUT was the story index of the day, not because it’s the only one that finished green but because for the first time ever it needed a comma in its quote once it cleared 1,000.  The excitement didn’t last long with it topping out on the day at 1001.50 before finishing back beneath the 4-digit threshold, but it’s a milestone nonetheless. [Read more…]

Good evening StockBandits!

The indexes all reached new milestones again last week by tacking on more than 1.5% across the board.  Selling was virtually non-existent as the only declines we saw were extremely minor and quickly erased with more strength.  That has been par for the course since the market turned higher April 19th, as it just hasn’t looked back since then. [Read more…]

Good evening StockBandits!

The market continues to coast higher with no brakes as it reaches uncharted territory almost daily. [Read more…]

Good evening StockBandits!

The indexes paused today, unable to build on the upside momentum of the past 3 weeks. [Read more…]

Good evening StockBandits!

The indexes all reached new highs again last week, ignoring the notion that a pullback is due. [Read more…]

Good evening StockBandits!

Following a shaky start this morning, stocks reversed from their lows 10 minutes into the session and rallied without hesitation into mid-day.  From there, the action leveled off for a while.  In the final 2 hours though, [Read more…]

Good evening StockBandits!

The indexes all reached new highs today, keeping the Tuesday effect intact (hat tip to Bandit member JB for the link). [Read more…]

Good evening StockBandits!

Tonight’s report is coming out later than usual as I went to a charity function this evening which has put be considerably behind schedule. [Read more…]

Good evening StockBandits!

Just when it looked like the trading ranges would persist yet again, Friday’s jobs report produced a massive gap higher to create breakouts in every index, shattering the hopes of bears who were looking for a retreat from resistance. [Read more…]

Good evening StockBandits!

Stocks turned lower today led by small caps – the same group which has consistently underperformed since the week of Easter. [Read more…]