Daily Wrap-up – Momentum Fades Into the Close

The day started strong but the finish was a bit lackluster.. Chart Courtesy of Thomson Financial Index Index Value Point Change Percent Change S&P 500 (SPX) 1348.9 9.7 points 0.73 percent Dow Jones Industrial Average (DJIA) 12373.4 133 points 1.09 percent Nasdaq Composite (COMP) 2320.0 0.0 points 0.00 percent Russell 2000 (RUT) 705.5 5.7 points 0.82 percent CBOE Market Volatility Index (VIX) 26.32 -1.28 points -4.6 percent Click here for symbol descriptions The Dow still managed to close with the “triple-digit” gains that the media loves to note but we did have an afternoon pullback…(Read More)

Midday Market Check – 200 Points for the Dow Jones Industrial Average

We head into the second half of the session with the market showing some gains… Chart Courtesy of Thomson Financial Click here for symbol descriptionsAs Elizabeth Harrow detailed, a bond-insurer bailout plan from Warren Buffett seems to be giving the market a shot in the arm as the Dow Jones Industrial Average (DJIA) tacks on 200 points…(Read More)