Posts under Economy & Markets Category

This morning we have bad earning reactions from Amgen, Apple, AT&T, Procter & Gamble (down 2.5-5%+) and a quite poor durable goods orders number…… …..and the S&P is essentially flat.   Remarkable. While expecting a bounce of some sort coming…

Looks like the account for the Associated Press was hacked and caused a huge selloff (and now rebound) with a tweet about an explosion at White House.  1:08 to 1:13 the market did a full round trip of 12 points,…

After two 90% down days on huge volume last week, a move through current levels would be a complete egg on face moment for the bear case.  We have now come to expect the low volume "V shaped" moves since…

Markets rallied sharply first thing this morning before giving it all back.   For Fibonacci fans (which I have been using a lot lately) the move from Thursday's low to this morning's high was a 38.2% retrace of the drop….