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Investors Rally Around Home Sales, Sending Stocks Up Tuesday
Look for a neutral-to-positive open. GDP data in focus for the start. Stocks go positive Tuesday after mixed data. Tuesday, December 22, 2009, 9:05 A.M. Eastern- updated 7:39p Eastern
> GDP for Q-3 is 2.2 percent, revised lower.
U.S. Stock Market Rallies On Intel Alcoa Upgrades
Look for a neutral-to-positive open for Monday. Shortened week saw Monday's stock market rally on upgrades. Monday, December 21, 2009, 8:49 A.M. Eastern- updated 5:58p Eastern
Tech ramps up on earnings as the broader market advances on options expiration and index rebalancing
Look for a neutral-to-positive open. Research In Motion and Oracle earnings/ outlook in focus for the start. Options expiration and balancing the indexes saw a share volume increase with tech stocks ramping up and the broader market posting a nice gain. Friday, December 18, 2009, 8:49 A.M. Eastern- updated 10:08p Eastern
Spooked by unfriendly data and Citi offering, stocks drop 1-1/4 percent
Look for a negative open. Jobless claims in focus for the start. Investors don't like the unemployment data and send stocks down Thursday in a back in forth market. Thursday, December 17, 2009, 8:49 A.M. Eastern- updated 4:29p Eastern
> Unemployment new claims rise more than expected, sending stocks lower at the open.
Fed promotes stability but the market fickleness take stocks mixed
Look for a neutral-to-positive open Wednesday. Fed FOMC meeting, Consumer Prices report, and Housing data in focus for the start. Fed ends two day meeting leaving rates unchanged and little change in policy statement. Equities trend off the high of the session to end mixed. Wednesday, December 16, 2009, 8:50 A.M. Eastern- updated 10:38p Eastern
> How flat is flat- we are back to where we were ten sessions ago on the S&P 500.
> Fed ended FOMC meeting, keeping rates unchanged- equity market sinks, ending flat.
> BLI continues at negative; indicates the stock market increasingly is subject to a direction change lower.
> Fed leaves the target for the Fed funds rate unchanged.
> Consumer prices rose 0.4 percent; core reading was unchanged in November.
Traders cow in face of surging manufacturing prices
Look for a neutral-to-negative open Tuesday. Producer Prices report in focus for the start as well as Bulls really need another at least neutral day today. Stocks go south Tuesday as traders and investors fear inflation. Manufacturing report showed a surge in prices indicating an economic recovery is underway. Fed FOMC meets today and Wednesday to consider a change in the monetary policy statement. No rate change is expected. Tuesday, December 15, 2009, 8:49 A.M. Eastern- updated 3:34p Eastern
> The FOMC ends its December meeting Wednesday with a statement at 2:15 pm. ET, that most experts believe will contain little change in policy- no rate change is expected.
> Fear tanks the U.S. equity market after a four day Bull run.
> Well Fargo said it will repay TARP in full on December 18, 2009, redeeming its preferred stock for $25 billion.
> Manufacturing prices surged in November 1.8 percent- core price up 1/2 percent.
M&A And TARP Payback Help U.S. Stock Market Advance
Look for a neutral-to-positive open. Citi to repay TARP and Exxon M&A in focus for the start. M&A [Exxon - XTO], TARP payback by Citi, and AP's report of Abu Dhabi bailout of Dubai helped investors and traders to send stocks higher Monday. Technology stocks led today with a one percent gain, the broader market was up 0.7 percent. Model shows another couple of good stock days and we could be looking at another leg up to end the year. BLI Barometer-plot is turning up indicating another move higher for stocks- a Santa rally. See Bulls link below. Monday, December 14, 2009, 8:49 A.M. Eastern- updated 11:37p Eastern
> Good news got investors to send stocks higher Monday.
Broader market advances, tech struggled at the unchanged line
Look for a neutral-to-positive open Friday. Could turn negative after the open. Retail sales data in focus for the start. The broader market put in a triple play today making it three in a row for stocks- tech lagged- ending virtual unchanged. Friday, December 11, 2009, 8:49 A.M. Eastern- updated 4:36 Eastern
Equities Rise Putting Together A Much Needed Two In A Row
Look for a neutral-to-positive open Thursday. Jobless new claims data in focus for the start. We have two in a row positive sessions- onto hopefully more- but track record suggests we wont. It appears that no one is going to bet big either way until 2010. We can expect to continue going sideways. Thursday, December 10, 2009, 8:51 A.M. Eastern- updated 4:30 pm Eastern Time
> It appears we can expect range bound trading in the market.
> New unemployment claims increase- better than expected- chart.
Modestly higher session Wednesday as stocks trek sideways
Look for a neutral flat open. Could turn mixed to negative. Investors eke out a positive session as the major indexes posted nearly a half percent gain. No change to the Forecast today as a positive performance today averted triggering a downgrade. Thursdays session needs to be positive to avoid action from the models. Wednesday, December 9, 2009, 9:00 A.M. Eastern- updated 9:53 pm Eastern Time Eastern
Dow off triple digits as Dollar strengthens; gold and oil move lower
Look for a negative open. Not a good day for stocks as investors still have concern over the economic recovery. Equities sell off with the broader market lower by 1-percent and tech stocks off by 3/4 percent. Tuesday, December 8, 2009, 8:49 A.M. Eastern- updated 4:30 pm Eastern Time Eastern
> As performance degrades in the U.S. stock market, Barometer models suggest a Bias change likely this week followed by a Forecast change if performance doesn't improve.
> Stock market moves lower as recovery concerns grow.
> The Dollar rose Tuesday while just about everything ells went lower as marketeers are concerned over the local and global economic recovery.
Stocks move slightly lower as the market continues its trek sideways
Look for a neutral flat open Monday. Market opened flat, ended flat with a pop in the middle, as the stock market continues drifting sideways. Slow market as traders and investors are ok with sideways movement, for the time being. Monday, December 7, 2009, 8:55 A.M. Eastern- updated 4:37 pm Eastern Time Eastern
> Mixed end Monday with the Dow up fractionally, the S&P 500 lower by 1/4 percent, and the NASDAQ down by 0.2 percent.
Rally fizzles but stocks hold small gain after jobs report
Look for a positive open Friday. Nonfarm Jobs report in focus for the start. Jobs report got investors and traders wired early on but as usual stocks decline but at least held on for a nice gain. Gold and oil came under pressure Friday while stock prices rallied early but ended well off the highs of the session. Friday, December 4, 2009, 8:55 A.M. Eastern- updated 5:02 pm Eastern Time Eastern
> Tech stocks surge Friday while the broader market got trimmed.
> Jobs lost shrinks to 11,000 in November.
> Unemployment drops slightly to 10 percent.
Past Thirteen Sessions Mostly Sideways Movement For The S&P 500- Toying With 1100
Look for a neutral-to-positive open. Jobless new claims and productivity report in focus for the start. Major indexes sink at the close ahead of the jobs report Friday morning. S&P 500 posts a close just under 1100 where it's been difficult staying above it. Thursday, December 3, 2009, 8:52 A.M. Eastern- updated 4:35 pm Eastern Time Eastern
> Equities end lower ahead of payroll as S&P 500 continues testing 1100.
> Nonfarm productivity revised lower to 8.1 percent, 3rd. quarter 2009.
> Unemployment new claims continue to drop- chart.
Neither Bulls or Bears can hold onto a particular direction
Look for a neutral flat open. Could turn mixed. ADP report and Beige Book in focus for the start. A directionless market as stocks continue to oscillate between positive and negative giving no clear signal. U.S. major stock market indexes ended mixed with the broader market flat and tech gaining. Wednesday, December 2, 2009, 8:49 A.M. Eastern- updated 10:11 pm Eastern Time Eastern
> Sluggish trade Wednesday ends mixed ahead of more jobs data.
> Gold price continues to ramp up with some analysts saying the sky is the limit.
> Jobless new claims on deck with payroll report Friday could finally move the market one way or the other.
Dubai Worries Tabled As U.S. Stocks Rally To Start December
Look for a neutral-to-positive open Tuesday. New month, new hope, or less surprises, just might see the rally continues, especially if stocks can project today's performance throughout the rest of this week. The broader market posted a 1.2 percent gain, tech gained 1.5 percent. Tuesday, December 1, 2009, 8:49 A.M.- updated 9:45 pm Eastern Time Eastern
> Dollar continues under pressure- Euro - Yen chart.
> U.S. stock market rallies- investors and traders hope for more.
> Gold price breaks through 1200, settles slightly lower Tuesday.
> Even with a rally like today, we still need conviction by traders and investors to continue bidding shares higher. One day up- one day down- sideways market is not getting us anywhere.
Stocks ramp up at the close as Wall Street digests Dubai debt problem
Look for a neutral flat open Monday. Dubai concerns in focus for the start as well as this is month-end and traders to adjust positions. With a half-hour to go in Mondays session, the major indexes show flat and mixed results. Stocks ramp-up towards the close as the Dubai debt problem becomes less of a worry. Monday, November 30, 2009, 8:38 A.M. Eastern- updated 9:53 pm Eastern Time
> Models continue to lock in negative BLI which means a market direction-change is still possible.
U.S. stocks sold off on Dubai debt concerns; had a cascading effect on global markets
Look for a negative open Friday. Dubai in focus for the start. Equity markets around the global sold off Friday on fear that the Dubai debt news could be a leg down for financials and the economy... Friday, November 27, 2009, 9:16 A.M. Eastern- updated 4:51 pm Eastern Time
> If black Fridays retail results come in better than expected, the Dubai news could be offset next week..
> Gold price drops amid the Dubai debt concerns.
> Oil prices dive early in the session but recover some lost ground.
Barometer Leading Indicator downgraded to negative Thursday evening
Market Barometer models, this evening, downgraded the Barometer Leading Indicator to negative...on AFP report of Dubai... Thursday, November 26, 2009, 10:16 P.M. Eastern
U.S. Stocks Hold Onto Marginal Gain Going Into Holiday
Look for a neutral-to-positive open Wednesday. Jobless new claims in focus for the start as well as Durable Goods report. U.S. stocks get pulled sideways on Dollar weakness as gold price rallies towards $1,200. Holiday spirits are with investors as the stock market puts in a gain. U.S. markets will be closed Thursday for the Thanksgiving holiday. Markets will reopen normal schedule Friday for a half day session. Wednesday, November 25, 2009, 8:49 A.M. Eastern- updated 5:44 pm Eastern Time
> S&P 500 index closes above 1100 for third session-chart.
> Stocks eke out a gain in Wednesdays session ahead of U.S. holiday.
> Gold prices closes in on the $1,200 level.
> Unemployment new jobless claims drops below the 500,000 mark- chart.
Flat And Slow With Tech Lagging On This Shortened Week
Look for a neutral flat open Tuesday. GDP data in focus for the start. GDP second estimate was revised lower; trading on the stock market gets a slow start on this shortened week. U.S. stock market ends well off the low of the session, but still in negative territory. Tuesday, November 24, 2009, 8:49 A.M. Eastern- updated 4:46 pm Eastern Time
> Lots of data today but slow markets in shortened week.
> Bad news- stocks go negative again; good news S&P 500 is above 1100, day two.
> GDP slows to 2.8 percent in third quarter- chart.
Averages ramp up, S&P 500 above 1100, low volume on short week
Look for a positive open Monday. Equities rally Monday, end well off the highs of the session as the S&P 500 index closes north of 1100. HP's earnings/ outlook could help stocks Tuesday. Monday, November 23, 2009, 8:45 A.M. Eastern- updated 10:01 pm Eastern Time
> Rally takes S&P 500 above 1,100. See if momentum can carry over to tomorrow.
> Gold prices continue to trek higher.
> HP announced results for 4Q; net revenue $30.8 billion: $0.99 EPS; $1.14 non-GAAP EPS.
> Dollar trade continues to drive the stock market.
Wall Street going for three in a row down days
Look for a negative open for Friday. Investors continue to take profits as stocks are on a three day binge. Off the lows but still underwater, stocks continue the trek lower. Equities edge lower Thursday with the NASDAQ off 1/2 percent, the broader market off by 0.3 percent, and the DJIA off by 0.1 percent. Friday, November 20, 2009, 8:55 A.M. Eastern- updated 10:00 pm Eastern Time
> Looks bad for next week; model data degrading fast; click this link; then click chart.
> Dollar trading appears to determine equity movement- charts.
> After a great run, U.S. stock market appears to be rolling over; more of the same expected during the short week ahead.
Equities Sell Off As The Dollar Strengthens Against Most Currencies
Look for a negative open. Jobless first time claims in focus for the start. Jobless new claims data got the ball rolling this morning taking Futures down, with the Dollar turning direction and strengthening this morning, adding to the downturn Thursday. Thursday, November 19, 2009, 8:49 A.M. Eastern- updated 3:31 pm Eastern Time
> Forecast model [chart] shows possible trouble; click this link; then click chart.
> Data and downgrade stifles stocks, Dollar strength caps session recovery.
> Dollar "remote controls" equities Thursday, down then up- chart.
> Stocks get hammered all day, but recover some lost ground.
> Jobless new claims hold at 505,000- chart.
> Chip downgrades get investors off on the wrong foot.
U.S. Stock Market Tries To Break Free, But Falls Short Of Unchanged
Look for a neutral-to-negative open Wednesday. Could turn mixed. Inflation [CPI] and housing data in focus for the start. Equities try for a comeback, late in Tuesdays session, but come up short of the unchanged line as tech puts a drag on stocks. Wednesday, November 18, 2009, 8:57 A.M. Eastern- updated 4:38 pm Eastern Time
> Gold continues its trek higher, approaching $1,150.
> Housing data upset markets, stocks hold negative territory for the session.
> Inflation picks up slightly, both core and headline numbers.
Major indexes hold positive territory in light trade
Look for a neutral-to-negative open. Producer Price and sales data in focus for the start as well as more earnings. S&P 500 holds above the 1100 mark, in flat trade Tuesday. Tuesday, November 17, 2009, 8:50 A.M. Eastern- updated 4:42 pm Eastern Time
> S&P 500 bottomed near 1102, stair stepping higher to end up 0.9 percent.
> Inflation data has little effect on Futures, Tuesday.
Stocks Roar Higher, S&P 500 Passing 1100 Mark
Look for a neutral-to-positive open Monday. Retail sales and earnings/ outlook in focus for the start. Stocks up and running Monday as investors and traders drive shares higher after data and Bernanke. Stock market rallies past the S&P 500 1100 mark adding better than 1 percent gain on the session. Monday, November 16, 2009, 8:58 A.M. Eastern- updated 4:28 pm Eastern Time
> S&P 500 index breaks through the 1100 level with a test likely Tuesday.
> Fed to keep the Federal Funds rate -target- near zero for an extended period of time.
> Retail sales help sentiment, sends stocks up Monday.
> Rally Monday out of the gate after data helped along by Bernanke and the Dollar.
Stock Market Recovers Most Of Yesterdays Losses
Look for a neutral-to-positive open. More economical data and earnings/ outlook in focus for the start. Stocks end the week on a positive note, recovering some lost ground from yesterdays selling. Friday, November 13, 2009, 8:50 A.M. Eastern- updated 5:36 pm Eastern Time
> Past 10 session: 6-positive, 3-mixed, 1-negative.
> U.S. stock market ends higher recovering some of Thursdays loss.
U.S. stock market slips in trade Thursday
Look for a neutral-to-negative open. Jobless new claims data and earnings/ outlook in focus for the start. Data sets bad sentiment among traders, sending shares lower Thursday. Thursday, November 12, 2009, 8:47 A.M. Eastern- updated 3:36 pm Eastern Time
> New LI chart shows unexpected tick down- click this link then click chart- see orange pointer.
> Today's unexpected downturn could be problematic.
> Oil prices fall after inventory report, taking stocks lower- chart.
> Jobless new claims data set the negative tone for Thursdays trade.
> Jobless new claims decreased by 12,000- chart.
Stocks continue to meander but have a hold on positive territory
Look for a neutral-to-positive open for Wednesday. Marketeers are happy with slight gains ahead of fresh data and more earnings reports. A Very nice bounce off of the S&P 500 trend line may indicate another leg up in the stock market. Wednesday, November 11, 2009, 8:53 A.M. Eastern- updated 10:15 pm Eastern Time
> Bounce off S&P trend line indicates possible new leg up for stocks.
> HP to acquire 3com for 2.7 billion.
> Stocks get a little boost at the end close short of the highs.
> Investors and traders hold positive territory ahead of jobless new claims report.
Stocks at rest after yesterdays big run-up
Look for a neutral-to-negative open. Choppy trading Tuesday as stocks meander with the Blue Chips trying to lead the pack into positive territory. Market ends mixed and flat after three day surge. Tuesday, November 10, 2009, 8:47 A.M. Eastern- updated 9:44 pm Eastern Time
> Stock market meanders Tuesday after three day rally.
Stocks ramp up Monday with broad gains across most markets
Look for a positive open Monday. M&A and McDonald's October sales in focus for the start as well as storm in the Gulf. Pre close model run changed the BLI back to neutral. Global markets kick in add to sentiment as stocks advance Monday better than 2 percent in the U.S. Monday, November 9, 2009, 8:56 A.M. Eastern- updated 6:01 pm Eastern Time
> Rally takes the major indexes higher by 2-percent.
> Pre close Barometer model upgraded the Leading Indicator to neutral.
Choppy trading after negative economical data as stocks end with gains
Look for a negative open Friday. Jobs lost report and unemployment rate in focus for the start. Stocks end in positive territory after bobbing the unchanged-line throughout the session. Friday, November 6, 2009, 8:58 A.M. Eastern- updated 4:27 pm Eastern Time
> Equities hug unchanged for most of the session, advance to end with gains.
> Stocks open lower, trended up to the unchanged line, briefly.
> Corporations lost 190,000 jobs in October, a little worse than expected.
> Unemployment rate 10.2 percent in October- worse than expected, Futures take a hit.
Overwhelming good economical data finally inspires to ramp stocks higher
Look for a neutral-to-positive open Thursday. Jobless claims and Productivity report in focus for the start as well as earnings/ outlook. Stocks rally aided by lots of good news and bullish statements. Major indexes higher by 2 percent, overall. Thursday, November 5, 2009, 8:52 A.M. Eastern- updated 3:30 pm Eastern Time
> Equities rally Thursday as the Leading Indicator appears stuck at negative.
> Investors and traders bid stocks higher after train of good news.
> Productivity jumps 9.5 percent in Q3, largest since 2003.
> Jobless new claims drop 20,000 last week- chart.
> European Central Bank hold rates steady.
FOMC kept rates unchanged, bank stocks help the market lower
Look for a neutral-to-positive open Wednesday. ADP report and the Fed FOMC in focus for the start as well as earnings. ADP got shares moving higher Wednesday and the Fed FOMC says economy recovering and no rate change anytime soon. U.S. stock market came off the rally and ended lower led by financials as investors may be thinking -near zero- rates may cap bank earnings. Wednesday, November 4, 2009, 8:57 A.M. Eastern- updated 10:11 pm Eastern Time
> Bank stocks help the downturn in the broader market Wednesday.
> FOMC kept rate at zero to 1/4 percent, little change in statement, stocks bounce to session highs.
Tech and broader market flat, Dow under slight pressure
Look for a negative open. Earnings/ outlook in focus for the start as well as M&A. Big M&A deal did little for stocks as the broader market eked out a small gain with the Dow sinking under slightly to end mixed. Tuesday, November 3, 2009, 8:48 A.M. Eastern- updated 5:57 pm Eastern Time
> Stocks end mixed Tuesday after an up and down day.
> Berkshire Hathaway to buy Burlington Northern railroad.
Stocks reverse direction several time end positive
Look for a neutral-to-positive open Monday. Earnings/ outlook in focus for the start. Stocks rally, dive, and rally back to end positive as the market prepares for more fresh data to trade on. Monday, November 2, 2009, 8:53 A.M. Eastern- updated 5:56 pm Eastern Time
> Chart shows decision time for the market.
> Bulls come out on top as traders prepare for more data.
> ISM manufacturing index jumps indicating economic expansion; helps early gains.
> Ford earnings beat estimates helping early gains on Wall Street.
> CIT Group announced Sunday of a prepackaged reorganization.
Look for a neutral-to-negative open. Personal Income and Outlays report and earnings/ outlook in focus for the start. Stocks slide Friday as a combination of; month-end selling; trimming positions; as well as some fear of the economy recovering; and of course, Shorts jumping-on as the stock market degraded Friday. The model run kept the Forecast as is with the metrics that control the Bias near trigger levels. If Monday continues down the dark side, we could see further downgrades. Friday, October 30, 2009, 8:53 A.M. Eastern- updated 5:47 pm Eastern Time
> Anymore negative ness may cause much deeper sell off- chart.
> Pre-close model leaves Forecast at positive; negative BLI means further weakness in stocks probable.
GDP send stocks soaring as Shorts cover and Investors bid higher
Look for a positive open Thursday. GDP and earnings/ outlook in focus for the start as well as jobless new claims data. Wall Street reverses direction Thursday after days of selling, as data released by the Government indicates a recovering economy. Thursday, October 29, 2009, 9:03 A.M. Eastern- updated 5:53 pm Eastern Time
> Big rally puts hold on Forecast change, for now.
> The economy expands by 3.5 percent in the first look at the third quarter- chart.
> GDP for third-quarter increases by 3.5. Set stocks to rally at the open.
> Jobless new unemployment claims fell by 1,000 last week- chart.
Sell off continues as Leading Indicator gets downgraded
Look for a neutral-to-negative open. Durable Goods report and earnings/ outlook in focus for the start. Afternoon model changes the Barometer Leading Indicator to negative. Experts have been saying a pullback is near. Looks like they were right as stocks, especially tech stocks, get hammered in past four sessions. Wednesday, October 28, 2009, 8:53 A.M. Eastern- updated 3:31 pm Eastern Time
> Thursday needs to be positive or LI chart shows trouble ahead- click chart to launch advance model.
> Chart shows S&P 500 index real close to support that Bulls don't want penetrated.
> Oil prices go lower on inventory report.
> Stocks sink for a fourth session as pullback fear grips the market.
> Afternoon model changed the BLI to negative; this could signal a more significant change.
Dow ends flat, broader market slightly lower, tech sell off
Look for a neutral flat open. Could turn negative to mixed. Earnings/ outlook in focus for the start. NASDAQ got slammed Tuesday with the broader market ending slightly lower. Mixed end as the stock market ends its third session of losses. Barometer Model metrics near trigger levels that could change the Barometer Leading Indicator and the forecast bias. Wednesdays session will be important. Tuesday, October 27, 2009, 8:56 A.M. Eastern- updated 10:32 pm Eastern Time
> The Forecast of positive, with a neutral BLI and Bias is good through the open Wednesday.
> Tech NASDAQ stocks get hit hard, broader market of stocks end mixed.
More profit taking as stocks move lower continuing Fridays theme
Look for a neutral flat open for Monday, could turn mixed. Earnings/ outlook in focus for the start. Stocks were in rally mode, until near 11:00am EST, at which time the Dollar moved sharply higher while stocks fell sharply. It's not clear who led who, but the outcome for stocks is a loss. Monday, October 26, 2009, 8:58 A.M. Eastern- updated 4:37 pm Eastern Time
> Gold and Silver price dives near the time the Dollar spikes the Euro Monday.
> In lockstep with Friday, stocks end lower by near the same amount.
> Stocks dive early after Dollar runs sharply higher.
Tug of war with shares as stocks give back most of yesterdays gain
Look for a neutral-to-positive open Friday. Earnings/ outlook in focus for the start. Amazon and Microsoft earnings-beat can't keep the broader market in the green as stocks give back most of yesterdays gain. Stocks retreated Friday after ramping up yesterday. We appear to be back to the tug-of-war scenario where stocks alternate days up and down. Amazon and Microsoft earnings had little effect as stocks retreated 1/2 to 1 percent. Friday, October 23, 2009, 8:47 A.M. Eastern- updated 5:45 pm Eastern Time
> Stocks retreat as investors play tug-of-war where the market alternates days up and down.
Stocks ramp up recovering nearly two sessions of loss
Look for a neutral flat open. Could turn mixed. Jobless new claims data and earnings/ outlook in focus for the start. Stocks trend-up into positive territory recovering yesterdays loss. Thursday, October 22, 2009, 8:56 A.M. Eastern- updated 3:39 pm Eastern Time
> Broader market ramps up better than 1 percent with tech up near 3/4 percent.
> Jobless new claims jump 11,000 last week- chart.
Stocks dive in last half-hour of trade Wednesday
Look for a neutral-to-negative open. Earnings/ outlook in focus for the start. Beige Book gets blame for late dip in stocks. Investors and traders take profit as some marketeers believe a pullback is near. Wednesday, October 21, 2009, 8:53 A.M. Eastern- updated 4:17 pm Eastern Time
> Late day sell off triggers pullback watch.
> Early morning test of the S&P 500 1,100 fails, stocks dive in late session.
> Stocks dip in the last hour of trade Wednesday as profits are taken.
Apple and TI earnings unable to help stocks today
Look for a neutral-to-mixed open Tuesday. Earnings/ outlook in focus for the start as well as wholesale inflation data and housing starts data. Upbeat profit reports wasn't enough to keep stocks on track Tuesday. The major indexes, off the lows of the session, ended near one-half percent lower. Tuesday, October 20, 2009, 8:49 A.M. Eastern- updated 5:42 pm Eastern Time
> Stocks end lower as earnings and economical data lose lifting power.
> Manufacturing [inflation] prices drop in September.
Earnings power stocks higher with more to come
Look for a neutral-to-positive open for Monday. Earnings/ outlook in focus for the start. Earnings continue to move the stock market higher with today's rally showing one percent move higher with more earnings after the close. Monday, October 19, 2009, 8:52 A.M. Eastern- updated 3:45 pm Eastern Time
> Stocks rally, see Barometer LI chart- click the chart for today's update.
> Stocks and oil up, US Dollar continues to struggle.
> The beat goes on as TI adds to the growing earnings list.
> Apple blows away estimates on iPhone and Mac sales.
> Stocks added another percent with more gains likely to come as companies report.
> Texas Instruments and Apple earnings after the close.
After a nine day run, stocks rest as investors take profits
Look for a negative open Friday. GE and BofA news in focus for the start. Stocks rest after nine day run-up that saw Dow 10,000. Bad news from General Electric and Bank of America was the catalysts for profit taking Friday. Friday, October 16, 2009, 8:46 A.M. Eastern- updated 3:26 pm Eastern Time
> Stocks give up Friday but trend off the lows of the session.
Dow holds 10,000, gains 1/2 percent while tech ended virtually unchanged
Look for a neutral-to-negative open. Jobless new claims and inflation (CPI) data is in focus for the start as well as earnings/ outlook. Jobless claims and CPI data didn't help offset the Citi and Goldman news as stocks struggled for most of the session but still advanced in the last two hours of trade to end with gains. Thursday, October 15, 2009, 8:55 A.M. Eastern- updated 11:38 pm Eastern Time
> Google, IBM, and AMD post better than expected results. Could be a driver Friday.
> Unemployment new claims chart show continued improvement.
> CPI inflation headline and core data rose 0.2 percent in September.
Dow tests 10,000 mark midday, punching through late in the session
Look for a positive open Wednesday. Intel earnings sparks futures. Earnings/ outlook in focus for the start as well as oil prices. With less than an hour to go, the Dow Jones Industrial Average tops the 10,000 mark, as the stock market found Intel earnings a catalysts. With good earnings reported thus far, Intel's report started the latest round of biding shares-up as the Dow passes the magical 10k mark late in the day. Wednesday, October 14, 2009, 8:52 A.M. Eastern- updated 4:31 pm Eastern Time
> J.P. Morgan and retail sales help the Intel rally score the big 10,000 for the Dow
> Dow crosses 10,000 mark as S&P 500 approaches 1,100 level.
Stocks meandering the unchanged line Tuesday
Look for a neutral flat open. Could turn mixed. Earnings/ outlook in focus for the start. Flat session Tuesday as all eyes are on Intel's earnings report after the close- could set tone for tomorrows trading. Another flat session as Intel earnings report is pending. Stocks meander Tuesday with the Dow, S&P 500, and NASDAQ showing mixed results. Intel posts a better than expected earnings report, sending shares higher in the after hours session. Tuesday, October 13, 2009, 8:53 A.M. Eastern- updated 6:00 pm Eastern Time
> Cisco Systems to buy Starent Networks for about $2.9 billion.
> Intel reports earnings, beating estimates handily, setting tone for Wednesday.
Banks and Bonds closed for holiday, stocks flat- tech lags
Look for a neutral-to-positive open Monday. Earnings/ outlook in focus for the start. Broader market moved higher, this holiday Monday, while the Dow eked out a slight gain and tech stalled underwater with a slight loss. Monday, October 12, 2009, 8:42 A.M. Eastern- updated 5:50 pm Eastern Time
> Holiday saw slow activity in the markets but S&P 500 moves higher by 0.4 percent.
Stocks on track to add better than 4 percent for the week
Look for a neutral flat open. Could turn negative. Earnings/ outlook in focus for the start. The major averages are on track to close a very positive week adding 4 percent, averaged aggregate. Friday, October 9, 2009, 9:12 A.M. Eastern- updated 3:47 pm Eastern Time
> U.S. stock market adds another 4-percent to the March rally.
Rally takes off after Alcoa inspires, helped along by data
Look for a positive open Thursday. Alcoa earnings/ outlook is in focus for the start as well as Jobless claims data. Alcoa set the tone for today's market with an assist from a better than expected jobless number and retails sales. Thursday, October 8, 2009, 8:47 A.M. Eastern- updated 4:31 pm Eastern Time
> Dollar continues its trek lower.
> Gold price tops $1,060. before pulling back.
> Good news continues to drive stocks up adding 3/4 percent gain.
> Jobless new claims chart show improving unemployment picture.
> Alcoa profit earnings report has Futures up Thursday.
Stocks rest after two day romp, ahead of Alcoa earnings
Look for a neutral-to-negative open. Earnings/ outlook in focus for the start as well as the price of gold. Mini rally ends after mini pullback of the past two weeks. The question now, will Alcoa's great earnings build more confidence in the recovery. Answer may come Thursday after the jobless report. Wednesday, October 7, 2009, 8:45 A.M. Eastern- updated 9:39 pm Eastern Time
> Alcoa reported earnings, returns to profitability, reports cash increase.
> U.S. equity market ends mixed ahead of Alcoa earnings.
Stocks ramp up for a second day with earnings getting underway, helped along by more M&A and IPO's
Look for a neutral-to-positive open Tuesday. Earnings/ outlook in focus for the start. Gold is back-up, global markets ramp-up, and Australia hikes cash rate, all has U.S. stock market ramping up as well. Tuesday, October 6, 2009, 8:59 A.M. Eastern- updated 4:36 pm Eastern Time
> Weak Dollar contributes to rally.
> Gold tops $1,040. mark in evening trade.
> U.S. stocks make it two in a row.
> Australia hiked the Policy Interest Rate Cash Target to 3.25 percent.
Four day mini pullback appears to be over with stocks ahead by 1 percent Monday
Look for a neutral-to-positive open. Earnings/ outlook in focus for the start. With earnings season about to get started with Alcoa Wednesday, stocks ramp up with Alcoa leading the market Mondays. Stocks takeoff Monday ahead of earnings season after two weeks of mostly negative trending. The broader market staged a 1-1/2 percent gain with tech up by 1-percent- Dow up 1.2 percent. Monday, October 5, 2009, 8:50 A.M. Eastern- updated 4:53 pm Eastern Time
> U.S. stock market breaks four day downturn with a 1-1/2 percent gain.
After plunging at the open, stocks regain some lost territory, end 1/2 percent lower
Look for a negative open. Job loss and unemployment report in focus for the start. After a quick drop at the open, blamed on the payroll report, stocks trended higher throughout the session and actually spent some time in positive territory, only to fall on selling pressure and end 1/2 percent lower. Friday, October 2, 2009, 8:48 A.M. Eastern- updated 4:49 pm Eastern Time
> October is here and so is volatility, chart shows progress of pullback.
> Unemployment rate rose to 9.8 percent in September.
> American companies lost 263,000 jobs last month, more than expected.
> Job loss number above expectation cause Futures to sink.
Overdue sell off hits Wall Street stocks
Look for a neutral-to-negative open. Jobless new claims and tomorrows payroll report in focus for the start. Well overdue sell off finally hits the stock market with the major averages slipping 2 to 3 percent ahead of payroll report tomorrow. Hold on as we are in October... Thursday, October 1, 2009, 8:50 A.M. Eastern- updated 3:57 pm Eastern Time
> Cisco Systems to acquire Tandberg, a Video conferencing company in Oslo, Norway for about 3 billion.
> Tomorrows job loss report of anything north of 250,000 could send stocks reeling.
> ISM reported manufacturing for September expanded but at a slower rate; unexpected data helped stocks lower today.
> U.S. auto sales fell in September, clunker program blamed.
> Unemployment new claims increases slowing jobs recovery- chart.
Stocks under water for the day but the rally rolls on
Look for a neutral-to-positive open for Wednesday. ADP payroll report and GDP in focus for the start as well as its the last regular trade session of third-quarter. Iffy session as stocks in the last hour try to make positive territory. Wednesday, September 30, 2009, 8:51 A.M. Eastern- updated 3:44 pm Eastern Time
> Gold price tops the 1K mark again.
> GDP comes in better than expected helping sentiment- chart.
> End of the third quarter as investors and traders window dress.
> GDP contracts less than expected (-0.7), helping Futures.
> According to ADP data, small businesses lost 245,000 jobs.
News lacks as stocks go flat awaiting fresh data
Look for a neutral flat open. Could turn mixed. Little news Tuesday- eye of the storm-- and investors are near content to keep prices flat. Stocks ended flattish with the major averages showing a 0.3 percent loss on the session as all eyes are on fresh data that could bolster the rally or end it. Tuesday, September 29, 2009, 8:56 A.M. Eastern- updated 10:19 pm Eastern Time
> With less news to trade on, stocks were flat, end slightly lower.
> Consumer Confidence data blamed for today's passé performance.
M&A, IPO, and fresh data has traders inspired sending stock to rally
Look for a positive open Monday. Major fresh economical data --all week long-- is in focus for the start, as well as M&A activity. More IPO's and M&A activity, set for this week, along with the hope that GDP and payroll data reports are going to show major improvement, has traders and investors rallying stocks Monday. Monday, September 28, 2009, 8:59 A.M. Eastern- updated 3:47 pm Eastern Time
> U.S. stocks rally Monday on hopeful data and M&A.
> Abbott to acquire Solvay's pharmaceuticals business for more than 6 billion.
> Cisco Systems gets upgraded, ramps up 4.4 percent.
> Xerox to buy Affiliated Computer Services in a stock and cash deal.
Bummer for the day, the week, as economic outlook takes stocks down
Look for a negative open. Durable Goods report in focus for the start. Durable Goods data set stock in motion lower all session ending a week of negative ness. Stocks end a third session lower as traders gear-up for major data points next week. Friday, September 25, 2009, 8:54 A.M. Eastern- updated 4:55 pm Eastern Time
> Even with this week of negative ness, chart still shows Bull is alive.
Selling for profits, day two, as investors consolidate
Look for a positive open. Jobless new claims data in focus for the start. Great read on new unemployment claims but not so good data on home sales prompts investors to consolidate. Barometer chart shows a pullback or consolidation period at hand. Thursday, September 24, 2009, 8:50 A.M. Eastern- updated 5:55 pm Eastern Time
> Latest downturn could be mild- chart.
> Not everything went down, IPO A123 Systems, turned in 50 percent gain.
> Existing home sales put the breaks on stocks sending them lower.
> Unemployment new claims drop by 21,000- chart.
Fed leaves rate unchanged, stocks sell off at the close
Look for a neutral flat open for Wednesday. Federal Reserve FOMC meeting announcement this afternoon in focus for the start as well as IPO's. The big event is over and the Fed leaves rates unchanged as expected, stocks slide near the close. Stocks dive in the last half-hour of trade with the broader market lower by 1 percent. Wednesday, September 23, 2009, 8:49 A.M. Eastern- updated 5:45 pm Eastern Time
> Fed leaves rate at zero to 1/4 percent on the Fed funds target.
Stock, oil, and gold prices rise as investors drive the markets higher
Look for a neutral-to-positive open. Global markets in focus for the start as well as oil prices. The Federal Reserve FOMC meets today and Wednesday with an announcement at about 2:15 pm EST on any updates to the monetary policy. No rate change is expected but there may be a hint in the statement about the recession's end. No reaction is expected from traders as there shouldn't be any surprises. Tuesday, September 22, 2009, 8:53 A.M. Eastern- updated 10:45 pm Eastern Time
> Stocks rise as the broader market adds near 3/4 percent, tech lags.
> Oil price holds $71 bbl level.
> Gold prices holding the 1k mark.
Split decision as the broader market rests while tech gets boost from M&A
Look for a negative open Monday. M&A boosts tech while the broader market maintains a slight loss. Monday, September 21, 2009, 8:51 A.M. Eastern- updated 3.48 pm Eastern Time
> Market Barometer Leading Indicator chart continues to show pullback.
> Economic Leading Indicator rose 0.6 percent in August according to The Conference Board.
> Dell to buy Perot Systems, an IT services and consulting business for 3.9 billion.
Continuing to bid shares higher, stocks add another 1/3 percent
Look for a neutral-to-positive open. Options expirations in focus for the start. On options expiration day, investors continue to build stock portfolios up with the major indexes posting 1/3 percent gain. Friday, September 18, 2009, 8:59 A.M. Eastern- updated 4:23 pm Eastern Time
> Shares of companies march on as investors drive stocks up.
Stocks rest as the major indexes post flat results Thursday
Look for a neutral-to-negative open. Economical data in focus for the start. Housing starts, Philly Fed, new claims data got mixed results from traders Thursday as stocks head for a flat mixed close. The Philadelphia region saw strength in manufacturing, and with zero chance of an inflation problem in the near future, investors could drive stocks even higher in the coming weeks. Thursday, September 17, 2009, 8:56 A.M. Eastern- updated 5:50 pm Eastern Time
> Is this the new pullback- consolidation?
> Gold off slightly but advances above the $1,000. mark.
> New chart study details concern over latest two week rally.
> New unemployment claims drop by 12,000 last week.
Eight out of ten sessions are positive and still counting
Look for a neutral-to-positive open Wednesday. Consumer price data in focus for the start. U.S. stocks try for 8 positive sessions out of the past 10 with investors rallying stocks once again as the major averages are showing 1-percent gain on the day. Wednesday, September 16, 2009, 8:56 A.M. Eastern- updated 3:29 pm Eastern Time
> Has the stock market come to far to quick- new chart study.
> Traders and investors send stocks soaring Wednesday.
> Consumer prices (inflation) rose 0.4 percent last month.
Investors run stocks up with the Blue Chips in the lead
Look for a neutral-to-positive open. PPI and retail sales in focus for the start. Could turn mixed to negative. With the recession "very likely over" and manufacturing prices increasing as well as retail sales, gave enough ammunition for investors to run shares up Tuesday. Tuesday, September 15, 2009, 9:19 A.M. Eastern- updated 4:22 pm Eastern Time
> Investors tack on another 1/2 percent Tuesday.
> Fed Chief Bernanke says "very likely" recession is over, helps stocks.
> Retail sales rose 2.7 percent helping sentiment.
> Wholesale inflation picks up, helps stocks.
Broader market advances with tech in the lead
Look for a neutral-to-negative open Monday. Investors and traders are not done with the March rally as a somewhat gloomy day ended with gains led by the tech sector. Monday, September 14, 2009, 8:50 A.M. Eastern- updated 5:52 pm Eastern Time
> Stocks make comeback in afternoon trade to end 1/2 percent higher.
Stocks end slightly off Friday, higher on the week as the March rally continues
Look for a neutral flat open for Friday. Could turn mixed. Import price data and 9-11 in focus for the start. U.S. stock market ends flat Friday after ramping up for the past five sessions. Gold back above 1k while oil prices slide. Friday, September 11, 2009, 8:57 A.M. Eastern- updated 4:24 pm Eastern Time
> Stock market trades flat, ends slightly lower, but a great week.
> Gold back up over $1,000. mark as oil prices sink.
> 9-11 moment of silence observed before the open.
Bulls chalk up five in a row with more gains
Look for a neutral-to-positive open. First time unemployment claims and economic deficit data in focus for the start. Broader market adds one percent onto a five-day run. Thursday, September 10, 2009, 8:59 A.M. Eastern- updated 4:27 pm Eastern Time
> Multiple reports show insiders selling shares at a stepped up rate.
> March rally keeps rolling along with another one percent.
> Jobless new claims moves lower by 26,000.
Stocks recover from mid afternoon dip, end with gain
Look for a neutral flat open. Dow and S&P 500 well off the highs as the indexes dive for the unchanged-line while the NASDAQ continues to hold nice gains. Wednesday, September 9, 2009, 8:58 A.M. Eastern- updated 4:14 pm Eastern Time
> Market recovers from dip on news reports, ends higher by 1/2 to 1 percent.
> Fed report sees economy improving.
> Hijacked Cancun plane unrelated to triple-nine warning.
First full day back investors and traders add to gains
Look for a neutral-to-positive open for Tuesday. Traders and investors come back from a slumbering summer and got back to work adding to already heavy gains that began in March. Unless volatility picks up and bears get their way, the Barometer models continue to indicate a positive market... Tuesday, September 8, 2009, 8:48 A.M. Eastern- updated 10:06 pm Eastern Time
> Stocks ramp up Tuesday helped by GE and M&A.
> Gold tops $1,005 trends of high.
Investors ramp stocks up ahead of long holiday weekend
Look for a neutral-to-positive open. Could turn neutral to negative. Payroll data is the focus for the start. With less than a half-hour to go investors ramp up shares by 1 to 1-1/2 percent. Friday, September 4, 2009, 8:56 A.M. Eastern- updated 3:44 pm Eastern Time
> U.S. markets close for Labor Day holiday. Will reopen Tuesday normal schedule.
> 216,000 American jobs lost in August.
> Unemployment jumps to 9.7 percent.
Wall Street reversing four days of losses with modest gain
Look for a neutral-to-positive open. Jobless new claims and tomorrows jobs report is in focus for the start. Stocks trying for a positive close breaking days of selling. Investors send stocks up Thursday ahead of the payroll jobs report to be released tomorrow morning where the job loss number could be disappointing. Thursday, September 3, 2009, 8:58 A.M. Eastern- updated 10:30 pm Eastern Time
> Days of losses end with a near one percent gain for the broader market.
> Unemployment new claims little improved.
> Services sector appears to continue contracting according to the ISM.
Stocks go flat after yesterdays sell off, data no factor
Look for a neutral-to-negative open Wednesday. ADP and productivity report in focus for the start. Data reports were little help to stocks Wednesday as movement was lackluster. Shares of corporations end lower near flat on the session. Wednesday, September 2, 2009, 8:51 A.M. Eastern- updated 4:52 pm Eastern Time
> Major indexes posted an aggregate 1/4 percent loss in today's market.
> ADP and productivity reports have little influence in trade today.
Stocks pullback as marketeers brace for expected correction
Look for a neutral-to-negative open Tuesday. Most all the market is expecting a pullback to correct the huge run-up since the March rally began. Nearly the entire market is expecting today as the beginning of the correction. Or is this another head fake and investors miss this opportunity to get in. Time will tell as markets are very unpredictable and nonconforming. Tuesday, September 1, 2009, 8:53 A.M. Eastern- updated 9:44 pm Eastern Time
> Asian stocks sell off Wednesday with U.S. market looking iffy.
> Even with today's sell off, very little damage done to the S&P 500- chart.
> Stocks drop two percent as expected correction gets underway.
> The economy expanded in August according to the ISM.
Stocks fall Monday inspired by Global market sell off
Look for a negative open Monday. Stocks move lower Monday after investors mull M&A activity. Stocks are off across the board with the major averages lower by as much as 1-1/3 percent. Monday, August 31, 2009, 8:53 A.M. Eastern- updated 3:37 pm Eastern Time
> Asian markets recover some lost ground Tuesday, should help U.S. market.
> Shares drop decisively breaking 9 day positive winning streak.
> U.S. equities market falls following global markets.
> Baker-Hughes to buy BJ Services.
> Disney announces that they will acquire Marvel.
Stocks revert to its former self, flat and mixed
Look for a positive open. Earnings/ outlook in focus for the start as well as consumer income and spending data. Despite Dell's earnings and Intel's outlook update, stocks remain flat as it has been the case all week long. TGIF. But wait, next week could be a clone as more traders and investors take off for the week. Friday, August 28, 2009, 8:52 A.M. Eastern- updated 4:18 pm Eastern Time
> Tough week with little in index movement, we'll see more next week.
> Despite personal income spending report stocks continue trading flat.
Fresh economical data does nothing to spur trading
Look for a neutral flat open Thursday. Could turn mixed. GDP, unemployment new claims, and earnings/ outlook in focus for the start. Shares of companies continue sluggish trading with the majority flat and a few in the financial sector making exceptional gains. The stock market is doing well when you consider today's GDP and unemployment data was lacking expectations. Thursday, August 27, 2009, 8:56 A.M. Eastern- updated 4:41 pm Eastern Time
> Unemployment new claims chart continues to show improvement.
> Dell shares soar in after hours on earnings, could be a catalyst Friday.
> Stocks trend sideways with the major indexes posting a slight gain.
> Jobless new claims decreased by 10,000 last week.
> Second estimate GDP shows economy contracting one percent in Q2.
Stocks run along the unchanged line, light trading
Look for a neutral flat open. Durable Goods report and earnings/ outlook in focus for the start. Slow, slow, slow. The major indexes virtually end the session unchanged as the typical August slowdown takes hold. Wednesday, August 26, 2009, 8:57 A.M. Eastern- updated 4:36 pm Eastern Time
> September may have traders and investors on edge.
> Barely anybody came to work as indexes end virtually unchanged.
> With just about an hour to go, stocks are flat but positive.
> New home sales rose 9.6 percent.
> Durable Goods orders- big ticket items- were up 4.6 percent.
Shares of U.S. stocks higher amid Chief Bernanke reappointment
Look for a neutral-to-positive open. earnings/ outlook in focus for the start as well as Bernanke's reappointment. U.S. stocks soared in the early going but fell apart as the day wore on. The major indexes eked out a small gain, closing the seventh positive session of the past ten. Tuesday, August 25, 2009, 8:43 A.M. Eastern- updated 9:42 pm Eastern Time
> U.S. market helps move Asian and European markets higher Wednesday.
> Oil prices are slammed Tuesday dropping back to near $72 bbl.
> Bernanke re nomination inspires traders to ramp stocks up.
> Consumer confidence and housing data helped stocks Tuesday.
> Major indices post another positive session.
> Fed chief Bernanke gets reappointed to second term.
Flat mixed Monday as investors await fresh data
Look for a neutral-to-positive open Monday. Earnings/ outlook in focus for the start. Stocks ramped up in early trade Monday, trended lower all afternoon to end mixed with the financials retaining the bulk of the gains. Monday, August 24, 2009, 8:55 A.M. Eastern- updated 4:29 pm Eastern Time
> Everything is as it should be for now, but for how long.
> Stocks try to end positive coming off a midday high.
Stocks zoom ahead with near two percent gain in the broader market
Look for a neutral-to-positive open. Earnings/ outlook in focus for the start. Stocks continue the advance leaving Bears short. Major indexes look to put 1 to 1.5 percent more onto the rally by sessions end. Bernanke's upbeat comments on the economy helped investors run-up shares Friday. Friday, August 21, 2009, 8:54 A.M. Eastern- updated 5:41 pm Eastern Time
> U.S. major indexes post. Dow +1.7%, NASDAQ +1.6%, S&P 500 +1.9%.
> California nears 12 percent unemployment, U.S. average is 9.4.
> Home sales and Bernanke help send shares higher Friday.
> World market follows suit and tack on gains.
> Bernanke says U.S. economy to recover, sends markets up.
Another positive day for the Bulls Thursday
Look for a neutral-to-mixed open Thursday. Jobless initial claims data and earnings/ outlook in focus for the start. Pre close model run is changing the Bias back to neutral. Bulls put in 6 positive days in the past 10, adding another one percent today. Thursday, August 20, 2009, 8:55 A.M. Eastern- updated 5:01 pm Eastern Time
> Unemployment chart still shows new claims trending lower.
> Jobless new claims rose unexpectedly last week dampening futures.
Energy gets tag for Wednesdays rally, up near 3/4 percent
Look for a negative open Wednesday. Global market and earnings/ outlook in focus for the start. Investors trying to hold onto positive territory with minutes to go Wednesday. Major indexes showing near one-half percent gain. Rally in oil prices helps U.S. stock market gain Wednesday. Wednesday, August 19, 2009, 8:52 A.M. Eastern- updated 4:54 pm Eastern Time
> Oil prices continue to edge higher after surging in the regular session.
> So exactly when is the pullback going to get here?
> Oil prices and energy shares help stock market to rally Wednesday.
Investors happy again sending stocks back up reversing negative sentiment
Look for a neutral-to-positive open Tuesday. Manufacturing prices and yesterdays sell off is in focus for the start. Investors, figuring they over did it yesterday, buy back and drive share prices up one percent. Tuesday, August 18, 2009, 8:55 A.M. Eastern- updated 4:57 pm Eastern Time
> With minutes to go stocks hold gains reversing yesterdays selling.
> Manufacturing price index shows price drop in July.
U.S. takes after Global markets and sells off prompting Bias downgrade
Look for a negative open Monday. Global market sell off and earnings/ outlook in focus for the start as well as U.S. manufacturing data. Fear that the economy and global recovery is not on track send world markets to selling off with the U.S. stock market near 2 percent lower. Pre close model changes Bias to negative. Monday, August 17, 2009, 8:48 A.M. Eastern- updated 3:25 pm Eastern Time
> Even with today's sell off, S&P 500 still looks in good shape- chart.
> Global markets try to recover lost ground Tuesday after Mondays sell off.
> Almost Everybody is ready for this pullback, some say its long overdue.
> The Barometer pre close model run has changed the Bias to negative.
> Investors pick up where global markets left off in selling tangent.
Market pulls back from recent run-up
Look for a neutral-to-mixed open. CPI inflation data and earnings/ outlook in focus for the start. Sentiment sinks taking stocks with it Friday as a pullback may be getting underway. The major averages posted a 0.8 to 1.2 percent loss. Friday, August 14, 2009, 8:42 A.M. Eastern- updated 9:25 pm Eastern Time
> Well off the lows of the session, equities try for comeback, end short.
> Rally stalls as investors regroup portfolios and await fresh data.
A big miss on retail sales didn't keep investors from pushing stocks higher
Look for a neutral-to-positive open. Retail sales data, jobless initial claims, and earnings/ outlook is in focus for the start. With little time left in Thursdays session, stocks continue flat but mostly hanging just above positive territory. Last minutes of trade, traders push stocks up to end 1/2 percent higher on the session. Thursday, August 13, 2009, 8:52 A.M. Eastern- updated 5:59 pm Eastern Time
> Market Barometer models show we are in an iffy period- pullback?
> The economic downturn seems to be at or near a bottom, Fed says.
> Market spikes in last minutes of trade to end 1/2 percent higher.
> First time unemployment claims increases slightly- chart.
> Unexpected retail sales data puts damper on open.
Wall Street likes-- no action by Fed-- adds little to rally
Fed day-- look for a neutral-to-positive open. Fed FOMC meet to decide on rates as well as earnings/ outlook in focus for the start. Could see a mixed start. Fed likely to deliver no rate change while the accompanying statement most likely will be very mild. Stocks already in rally mode when Fed announces no policy change. The major averages end the day up by 1 to 1.5 percent. Wednesday, August 12, 2009, 8:37 A.M. Eastern- updated 9:40 pm Eastern Time
> Updated Barometer charts that shows progress of the rally.
> Market rallies with little help from the Fed.
> Fed holds interest rates steady.
Investors take profits while waiting on the Fed to decide policy
Look for a neutral-to-negative open Tuesday. Could turn mixed. Fed meeting and earnings/ outlook in focus for the start. Midday share indexes report near 1 percent loss but well off the lows. The two day FOMC board meeting will conclude with an announcement-- tomorrow-- on any policy change. Prices fall Tuesday as experts say it is well within expectations as the U.S. stock market sells off by near percent while marketeers await the 2:15 PM ET announcement. Tuesday, August 11, 2009, 8:59 A.M. Eastern- updated 10:09 pm Eastern Time
> Major indexes show near one percent loss Tuesday.
> Nonfarm productivity ramped up 6.4 percent in the second-quarter.
Stocks off 1/3 percent ahead of two-day Fed meeting
Look for a neutral-to-negative open. Earnings/ outlook in focus for the start as the Fed FOMC board meeting. Midday saw stocks hover just below the unchanged-line as the market awaits the Fed board meeting Tomorrow and Wednesday. Off the lows of the session, stocks end lower as the market gets ready for the Fed. Monday, August 10, 2009, 8:59 A.M. Eastern- updated 4:53 pm Eastern Time
> Stocks close down Monday off the worse levels of the session.
> Fed ready for two day meeting, no rate change is expected.
> The CPI inflation report is due out Friday; could be a market mover.
> Stocks in holding pattern waiting on the Fed FOMC meeting.
> FOMC begins two day board meeting Tuesday.
> Inflation data [CPI] will be released Friday.
Wall Street breaks two day losing streak with rally
Look for a positive open. Payroll jobs and unemployment report in focus for the start as well as earnings. A two-day losing streak was broken Friday with stocks ramping higher on a better than expected jobs report. Continued hope that the economy is recovering sent stocks up with the Dow posting triple-digit gain... Friday, August 7, 2009, 8:47 A.M. Eastern- updated 5:40 pm Eastern Time
> Wall Street closes week with a rally reversing two day loss.
> Way better than expected jobs report set stocks to rally Friday.
> Unemployment rate for July was 9.4 percent, June was 9.5.
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