Monday’s gains in the market come as no surprise to Pete Najarian. He’s spotted an interesting trend and you should probably know about it before next Monday. Read More
After pausing for the past couple of days, the risk trade resumes. The dollar is having its worst day in 2 weeks, pushing stock futures up nicely this morning. Commodities are rising on the weak dollar, with the metals complex (gold, silver, platinum and copper) rising to new highs. Read More
Stocks have given up all of yesterday’s strong gains now. The markets drifted lower into the early afternoon as the dollar flirted with its own session highs. Then, as the S&P 500 fell below its Wednesday close of 1,042 (which was a 3-week low), the markets took another move lower. A notable increase in volume of the S&P 500 SPDRs was also seen by traders as the S&P fell below this support level. Read More
Following are the week’s biggest winners and losers. Find out why shares of Jefferies and Abbott Labs popped while CIT Group and Deere dropped. Read More
James Hardesty at Hardesty Capital Management and Wayne Kaufman at John Thomas Financial weighed in on where to invest in a low-volume environment and what to watch next week. Read More