The day ends with the S&P 500 (SPX) near its best levels of the session… Chart Courtesy of Thomson Financial Index Index Value Point Change Percent Change S&P 500 (SPX) 1352.1 13.5 points 1.01 percent Dow Jones Industrial Average (DJIA) 12378.6 108 points 0.88 percent Nasdaq Composite (COMP) 2360.9 44.5 points 1.92 percent Russell 2000 (RUT) 692.7 -0.7 points -0.10 percent CBOE Market Volatility Index (VIX) 27.78 -1.24 points -4.3 percent Click here for symbol descriptions A mid-afternoon pullback found its footing before hitting breakeven and we had a late-session bit’o buying that pushed toward the highs…(Read More)

Earlier today I noted that shares of SunPower Corporation (SPWR) were poised to gap down 15% after their earnings guidance…(Read More)

Broadcom Corporation (BRCM) is scheduled to report earnings after the close today…(Read More)

We head deeper into the second half of the session with the market holding small gains… Chart Courtesy of Thomson Financial Click here for symbol descriptions In a break from the recent (extreme) volatility, the S&P 500 (SPX) has been content to bounce along the breakeven line…(Read More)

I have a couple of quick things I wanted to mention this afternoon. The first relates to yesterday’s post – The iShares DJ Financial (IYF), SPDR Homebuilders (XHB) and Retail HOLDRS (RTH) – Wait for Proof…(Read More)

Here is my weekly update on the broad market indices. This video covers the daily charts of the S&P 500 (SPX), Dow Jones Industrial Average (DJIA), Nasdaq Composite (COMP), and Russell 2000 (RUT)…(Read More)

Shares of Baidu.com, Inc. (BIDU) have been in focus since last week when they hit their most oversold reading since February of 2006…(Read More)

We are just over an hour into the session and here’s what I see… Click here for symbol descriptions The day so far has an upside bias as only the iShares Treasury Bond (TLT), SPDR Homebuilders (XHB), and S&P Retail Index (RLX) are trading lower…(Read More)

Here are some of the contenders for today’s biggest…news…of…the…day…  A rogue trader that was able to rack up an alleged %247 billion fraud at Societe Generale…Earnings from Nokia (NOK) that are giving the stock a lift… Earnings from Qualcomm (QCOM) that are giving the stock a lift… [note - a gain today would help, but not eliminate, the concerns I noted yesterday...]Earnings from Lennar Corp (LEN) as the company “reported the largest quarterly loss in its history”…Earnings from AT&T Inc (T)…Earnings from Hershey Co (HSY)…The departure of Meg Whitman as eBay (EBAY) issues disappointing guidance…[note - see below for more on EBAY...]Talks [subscription required] of a MP3 service from Yahoo (YHOO)…A lack [subscription required] of buybacks…A look [subscription required] into the recent volatility with the comment – “Many traders were skeptical that the selling is over”…While those are all stories worth watching, I think it is obviously clear that the biggest story is this – a breaking news video from CNN that shows sasquatch on the Moon…(Read More)

Stocks to watch today include SunPower Corporation (SPWR), eBay Inc. (EBAY), and Yahoo! Inc…(Read More)

Here are the results for today’s unusual stock volume scan. The scan looks at the previous day’s volume and compares it to the recent average volume…(Read More)

Good morning everyone – welcome to the third day of this short, but extremely volatile, trading week…(Read More)