Friends The bears were able to set the tone in today’s trading session, after a feeble attempt by the bulls to generate some positive momentum during late morning trading. As the afternoon unfolded stocks continued to slide, as no real catalyst for either side could...

Friends Stocks took their cue from overseas trading this morning and proceeded to spend the day in negative territory. The bears may have thought they had something going early, but as the midday passed, volatility dried up and boredom set in. After being down more...

Friends If you guessed that the jobs report would show that 175,000 new jobs were created in February, then you win. Yes, the number did come in higher than the consensus estimate of 150,000 new jobs, but the markets really seemed unimpressed. Stocks did rally early...

Friends Stocks drifted in higher territory today, as traders wait for the all-important jobs report tomorrow. Today’s weekly jobless claims number was a little better than expected, but tomorrows number will likely set the tone for the markets as we look into next...

Friends On the economic front, both the PMI Services Index and the ISM Non-Manufacturing Index came in shy of expectations and indicated slowing in the service sectors of the U.S. economy. The ADP private sector jobs number came in shy of the estimated number with...

Friends Stocks wiped out all of yesterday’s losses and then some today as traders responded to Mr. Putin’s press conference with a sigh of relief. The Russian leader took a less hawkish stance towards Ukraine (although his comments were somewhat rambling and...

  Friends Stocks were poised to open lower this morning as the Russian/Ukraine conflict escalated over the weekend, and indeed a sell-off occurred at the opening bell. The Dow dropped by more than 200 points by mid-morning, but did alleviate some of the damage as...