Opening and closing imbalances have always been part of our daily trading toolbox. We didn’t just wake up one day and say, “Hey, you should look at this.” We have […]
After watching “60 Minutes” Sunday night and reading Tim Worstall’s story in Forbes, “Michael Lewis Is Entirely Wrong About High Frequency Trading Hitting The Little Guy,” I am 100% sure […]
The S&P broke a five-day losing streak on Friday.
The S&P 500 [SNP:^GSPC] closed out the day with minor losses as the NASDAQ Composite closed at its lowest level in seven weeks, down 22 points or -0.50%, to 4151, its lowest close since Feb. 10.
China was up, Europe was up and the S&P was up. What happened? The S&P sold off all day. Why? The mutual funds are selling the winners and marking up […]
The US equity benchmark S&P 500 [SNP:^GSPC] closed up 9 points or +0.50% to 1867.00.
The ESM14 did what we thought it would do Monday morning; it sold off.
Stocks and the S&P 500 did pretty much what we and everyone else thought they would do: they rallied
The S&P rallied in the face of potential higher interest rates on Thursday.
I could write something on the two-day Fed meeting and all the net changes and how the S&P had its worst day in … blah, blah, blah.