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
Cash flow is a great valuation metric to look at when calculating how solid a company may be, said Lee Eugene Munson, CIO of Portfolio Asset Management, and Michael Farr, president of Farr, Miller & Washington. They shared their best 5 stock picks with investors. Read More
S&P 500 rallies in a thin tape....the S&P 500 and its corresponding ETF popped about 6 points about 11:45 AM ET. Volume and price moved up just as the index hit 990, which was where it closed yesterday, so technicals are likely a factor. Read More