In today’s trading session, the S&P 500 index futures witnessed a reversal of fortunes. Despite the bulls steering the premarket session, “sell the rip” sentiment prevailed as the regular session…
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While the bears had the upper hand in premarket trading, the bulls fought back around 10:00 AM ET when the issue failed to breach the premarket low. The rally was…
Following major moves in the S&P 500 index, there is always a period of consolidation when the bulls and bears battle it for the next move. At this time, the…
In one of the smallest trading ranges of the year (12 handles overall and only 8.25 during the regular session), the index posted a small gain. Thus, it improved on…
Investors will be more apt to discuss their portfolio holdings at Thanksgiving dinner this year as the S&P 500 index is sporting some nice gains since last year at this…
The weakness from late in the session on Monday continued into Tuesday’s price action. The index spent the majority of the premarket session in the red and had some follow-through…
Following last Tuesday’s major rally off the better-than-expected October Consumer Price Index reading, the S&P 500 index took a breather. Although it still grinded higher, it traded in a narrow…
For the third day in a row, the S&P 500 index futures meandered in much smaller-than-average trading range. In today’s session, the index traded in a 40-handle range (4501.75-4541.25). A…
Negative reactions to earnings report after the close on Wednesday (Palo Alto Networks Inc. (NASDAQ: PANW) and Cisco Systems (NASDAQ: CSCO) coupled with Walmart Inc. (NYSE: WMT) this morning set…
Following Tuesday’s explosive move to the upside, the index was able to maintain momentum until the closing bell. While the index did have another strong burst upward following more positive…
