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)

Remember what I said in the post below about the “margin of error” in this market? Well, the last hour of the session really drove that point home… Chart Courtesy of Thomson Financial Index Index Value Point Change Percent Change S&P 500 (SPX) 1338.6 28.1 points 2.14 percent Dow Jones Industrial Average (DJIA) 12270.2 299 points 2.50 percent Nasdaq Composite (COMP) 2316.4 24.1 points 1.05 percent Russell 2000 (RUT) 693.4 21.9 points 3.26 percent CBOE Market Volatility Index (VIX) 29.02 -1.99 points -6.4 percent Click here for symbol descriptions As Mark Fightmaster noted, the Dow Jones Industrial Average (DJIA) put in a 600 point swing from low to high…(Read More)

Adam Warner offers up an interesting comment (and even more interesting graphics!) -”All that is really happening ‘good’ now is that the worst of the worst, like financial, retail and homebuilders, have caught a bid for a couple days…(Read More)

We head into the second half of the session with the market trying to bounce from its lows of the day… Chart Courtesy of Thomson Financial Click here for symbol descriptions This morning I said I thought yesterday’s lows were important…(Read More)

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In a post earlier this month – Illumina, Inc. (ILMN) – Look for a Pullback – we saw that shares of ILMN had broken new highs…(Read More)

We head into the second half of the session with the market now in negative territory… Chart Courtesy of Thomson Financial Click here for symbol descriptions Earlier I noted the S&P 500 (SPX) had tested resistance and now we find the index sitting just a points above yesterdays low…(Read More)

One of the leading stocks today is ScanSource, Inc. (SCSC). The shares are up more than 20% today and, as the daily chart below shows, have now recouped much of their recent decline…(Read More)