Today started off looking like the market was ready to give back yesterday’s gains but it steadily battled back and spent most of the session in positive territory.  It was an extremely boring session but it was encouraging that the market kept its gains from yesterday.  A good portion of the enthusiasm the past two [...]

Heading into this expiration week we find the Dow back to negative for 2010 after a rough week. Last week we heard the dreaded talk of a double-dip, corporate reports weren’t as impressive as when the earnings season started, employment remained weak and from overseas we got reports of stagnating economies. As a result the [...]

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 [...]