News: On Monday, another big bank, Charles Schwab (SCHW), reported earnings, and the market loved what it heard. SCHW stock jumped 4% by the close … despite the pause in share buybacks and a decline in deposits. The move added $3.5 billion in market...

News: On Friday, markets opened near flat as investors worked to digest blow-out earnings from the banking sector. Some banks did better than others in the wake of the banking crisis. A quote from the Wall Street Journal, “There Was No Crisis for JPM...

News: Thursday’s release of the Producer Price Index (PPI) revealed a greater decline in prices from February to March than at any point during the last year. The year-over-year change was remarkably low, coming in at just +2.7%, only marginally high...

News: On Wednesday, the market digested two major news items… Markets sold both news items… SPY 5-Minute Candles – Chart by thinkorswim Immediately after the CPI report dropped, the market lurched higher … The pop was enough to keep the market from t...

News: Markets failed to pick a direction on Tuesday. It was a mixed day with a mixed close. Despite reports of a record number of short positions ahead of today’s CPI report, the price action was essentially muted. Chart by Bloomberg At the close, tw...

News: Markets open lower on Monday after the long weekend. Major indexes were off as much as 1% in the minutes following the opening bell. Image from the NYSE Those ticks turned out to be the session lows. After the initial dip, markets climbed throu...

News: On Thursday, ahead of the long weekend, markets opened in the red.  Buyers pushed prices higher throughout the day. At the close, all four major indexes were higher… On Friday, the latest jobs report showed hiring slowed. Employers added just 2...

News: Markets failed to pick a true direction on Wednesday. The day had a bearish tilt as the Nasdaq logged a third consecutive day of losses. Image by BullMarketGifts The indexes held up better fairly well despite selling pressure. Here’s yesterday’...

News: Markets opened higher on Tuesday and showed clear signs of being overbought. As the trading session continued, selling pressure became too great for the bulls, and markets slipped into the red. At the close, all the indexes were modestly lower…...

News: Before the opening bell on Monday, the markets got a surprise from OPEC+.  Its members and Russia have “voluntarily” cut crude oil production by about 1.7 million barrels per day. That’s nearly 2% of the global supply. Image from Wikipedia Acco...