By Harry Boxer, The Technical Trader
The week closed out on a negative note again, and it was very ugly as the selling continued, and each rally was interrupted with more selling and more new lows.
The day started out with a move down,...
May 18, 2012 4:23 PM
This is the day when Facebook (NASDAQ:FB) will debut for trading on the open market. Facebook is the most highly anticipated initial public offering (IPO) since Google Inc (NASDAQ:GOOG) came public on August 19, 2004. Facebook stock is being...
May 18, 2012 8:09 AM
by Larry Levin
The market was hammered again today – financials specifically. What caused it? More bad economic data and European news were the culprits.Thursday’s first report was the weekly jobless claims...
May 18, 2012 7:10 AM
This morning, the S&P 500 Index e-mini futures (ES-M2) are trading higher by 6.50 points to 1307.75 per contract. The European markets are trading flat to higher as yields on Spanish and Italian debt have retreated. Is this the calm before...
May 18, 2012 6:07 AM
By Harry Boxer, The Technical Trader
The stock market indices moved sharply lower within confined channels and each rally failed at resistance. They had a 5-wave move today, with the 5th wave being the steepest, closing at the lows for...
May 17, 2012 4:53 PM
Watch this video now, be prepared for the markets. Then step up, do not miss the action going on in the Research Center right now…updated Daily Analysis Videos, Market Reports, detailed Hot Charts trades, No Hype Live Broadcasts twice a...
May 17, 2012 11:53 AM
Apple Inc. (NASDAQ:AAPL) is falling sharply again today. The once rocket ship stock is dropping quickly to earth. Apple is trading at $534.77, -11.30 (-2.07%). The media and analysts were pumping the stock when it was trading over $600.00...
May 17, 2012 9:25 AM