Written by Dan Micovic The wild roller-coaster ride continued as the Dow opened higher but by the end of the session had given away all of its early gains and closed lower.  Early the market enjoyed a double dose of upbeat economic data from the Commerce Department. First, the government said new-home sales rose nearly [...]

Written by Dan Micovic Not only did the Dow lose 4% last week, it dipped below the psychologically important 10,000 level on an intraday basis on Friday. The Dow is now about 9% below its 2010 high, which was set in late April. Also the VIX is now sitting above 40. Despite Friday’s late strength, [...]

Written by Dan Micovic We saw some great achievements by the market this week.  On the first day of the week (and month), the Dow Jones Industrial Average cracked the 10,400 mark for only the second time since Jan. 20. On Thursday, the Dow closed in positive territory for the year. On the final day [...]