SchaeffersResearch.com Market Observations

Dow Jones Industrial Average Dips As Wall Street Watches Durable Goods

Fri, 24 May 2013 12:07:00 GMT

The Dow Jones Industrial Average (DJI) is on pace to extend Thursday's downward momentum, with futures trading in the red ahead of the bell...(Read More)

Another Wide Trading Range Resolves Slightly Lower

Thu, 23 May 2013 20:19:00 GMT

"Despite the scary open, it was encouraging to see equities grow stronger through the end of the day," noted Schaeffer's Senior Equity Analyst Joe Bell, CMT...(Read More)

Dow Jones Industrial Average Follows Global Markets Into the Red

Thu, 23 May 2013 12:12:00 GMT

The Dow Jones Industrial Average (DJI) is poised to extend Wednesday's losses, with futures pointed lower ahead of the bell...(Read More)

Stocks End Tumultuous Day in the Red After Fed Minutes Halt Rally

Wed, 22 May 2013 20:19:00 GMT

"It was a tale of two days, really," quipped Schaeffer's Senior Technical Strategist Ryan Detrick, CMT, of today's session, as the Dow Jones Industrial Average (DJI) explored a range of nearly 300 points before settling with a 0.5% loss...(Read More)

Dow Jones Industrial Average Higher as Big Ben Heads to Washington

Wed, 22 May 2013 12:07:00 GMT

"The Dow Jones Industrial Average (DJI) closed in the green for the 19th consecutive Tuesday, which is a new record," noted Schaeffer's Senior Options Strategist Tony Venosa, CMT...(Read More)

Fed Remarks Boost Stocks to Another Tuesday Win

Tue, 21 May 2013 20:18:00 GMT

"The Tuesday streak continues," summarized Schaeffer's Senior Technical Strategist Ryan Detrick, CMT, of a day where the Dow Jones Industrial Average (DJI) broke out of an early funk to close solidly higher...(Read More)

Dow Jones Industrial Average Flirts With Breakeven

Tue, 21 May 2013 12:15:00 GMT

The Dow Jones Industrial Average (DJI) is pointed just north of breakeven ahead of the bell, with stocks poised for another session of consolidation...(Read More)

Stocks Little Changed as Slow News Day Draws the Focus to the Fed

Mon, 20 May 2013 20:20:00 GMT

"Despite indexes being largely flat on the day, there were tons of stocks making big directional moves, both up and down," observed Schaeffer's Senior Trading Analyst Bryan Sapp...(Read More)

Option Trends: EMC Corporation (EMC), Ciena Corporation (CIEN), and International Business Machines Corp. (IBM)

Mon, 20 May 2013 18:07:00 GMT

Speculative players have been taking sides on EMC Corporation (NYSE:EMC), Ciena Corporation (NASDAQ:CIEN), and International Business Machines Corp...(Read More)

Dow Jones Industrial Average Could Take a Breather

Mon, 20 May 2013 12:40:00 GMT

The Dow Jones Industrial Average (DJI) is modestly lower ahead of the bell, as stocks take a breather from their quest for new highs...(Read More)

3 Technical Battles to Watch This Week

Sat, 18 May 2013 14:02:00 GMT

U.S. stocks continued to barrel higher last week, with both the Dow and S&P 500 notching record peaks and extending their weekly winning streaks to four...(Read More)

Positive Economic Data Lifts Stocks to Strong Weekly Finish

Fri, 17 May 2013 20:23:00 GMT

"Today's economic data was much better than yesterday's," noted Schaeffer's Senior Technical Strategist Ryan Detrick, CMT...(Read More)

Dow Jones Industrial Average On Pace to Notch a Fourth Straight Weekly Win

Fri, 17 May 2013 12:17:00 GMT

The Dow Jones Industrial Average (DJI) is on pace to recuperate from Thursday's losses, with futures on the blue-chip barometer pointed higher ahead of the bell...(Read More)

Markets Shift Slightly Lower Following Flood of Economic News

Thu, 16 May 2013 20:21:00 GMT

"As poor as today's economic data was, the good news was we saw some solid earnings," said Schaeffer's Senior Technical Strategist Ryan Detrick, CMT, of a day where the Dow Jones Industrial Average (DJI) bounced around breakeven for much of the day, notched (another) new all-time high, and settled 42 points lower...(Read More)

Dow Jones Industrial Average Looks South; Wal-Mart Wraps Up Earnings Season

Thu, 16 May 2013 12:12:00 GMT

The Dow Jones Industrial Average (DJI) has pulled back this morning, following yet another record-setting session on Wednesday...(Read More)

Markets (and Google) Shake Off Mixed Economic News to Reach New Highs

Wed, 15 May 2013 20:26:00 GMT

"After a big day on Tuesday, markets took a bit of a break today," observed Schaeffer's Senior Technical Strategist Ryan Detrick, CMT...(Read More)

Dow Jones Industrial Average Calm Ahead of a Busy Day On the Street

Wed, 15 May 2013 12:14:00 GMT

The Dow Jones Industrial Average (DJI) is sticking close to the flatline, with futures sitting just below breakeven ahead of the bell...(Read More)

Dow Tags Record High in 18th Straight Tuesday Win

Tue, 14 May 2013 20:18:00 GMT

The Dow Jones Industrial Average (DJI) found its way to yet another record high, adding triple digits and marking its "18th straight Tuesday win," noted Schaeffer's Senior Technical Strategist Ryan Detrick, CMT...(Read More)

Dow Jones Industrial Average Tuesday Win Streak at Risk On Dismal German Data

Tue, 14 May 2013 12:08:00 GMT

Futures on the Dow Jones Industrial Average (DJI) are pointed modestly lower this morning, with the blue-chip barometer on pace to test its recent run of Tuesday wins...(Read More)

Stocks Finish Mixed as Fed Rumors Trump Retail Sales

Mon, 13 May 2013 20:18:00 GMT

"Markets can't go up every day -- unless that day is Tuesday, of course," quipped Schaeffer's Senior Technical Strategist Ryan Detrick, CMT...(Read More)

Short Sellers Eye Barrick Gold (ABX), Silver Wheaton (SLW), and Yamana Gold (AUY)

Mon, 13 May 2013 18:17:00 GMT

Short interest data for the second half of April was just released, and a number of metal and mining stocks attracted significant attention from short sellers during the two-week period...(Read More)

Pre-Earnings Checkup: Cisco Systems, Inc. (CSCO), J.C. Penney Company, Inc. (JCP), and Deere & Company (DE)

Mon, 13 May 2013 16:15:00 GMT

Among the companies reporting earnings this week are blue-chip tech stock Cisco Systems, Inc...(Read More)

Dow Jones Industrial Average Stumbles Ahead of Retail Sales

Mon, 13 May 2013 12:10:00 GMT

"The Dow Jones Industrial Average (DJI) continues to march upwards from the 15,000 level, as markets closed near the highs last week," said Schaeffer's Senior Options Strategist Tony Venosa, CMT...(Read More)

Don't Hold Your Breath for That Big S&P 500 Correction

Sat, 11 May 2013 12:20:00 GMT

It was a record-setting week for U.S. stocks, as both the Dow and S&P 500 cruised into previously uncharted territory...(Read More)

Wishy-Washy Friday Draws Winning Week to a Close

Fri, 10 May 2013 20:24:00 GMT

For the first day in four, the Dow Jones Industrial Average (DJI) failed to reach a new intraday high, as traders opted to stay on the sidelines ahead of the weekend...(Read More)