Last week consumer credit for the month of September was reported and fell by -$14.8 billion. That marked the eighth consecutive month the consumer pulled in his/her horns. Consumers apparently continue to believe they are too highly leveraged and are working to pay down debt. Read More
Following are the day’s biggest winners and losers. Find out why shares of American Express and Guess? popped while American Eagle and TiVo dropped. Read More
The level of hesitancy in the market is so palpable you can almost taste it. Volume has dried up from even the last few months tepid pace. It seems that investors are waiting for someone else to jump in and make the first move. Read More
After trading in a tight range during the morning, stocks fell abruptly in the mid-afternoon and closed essentially at the lows of the day – giving back much of yesterday’s gains. Read More