The indices continued their range-bound trading today. The early strength gave way to selling mid-morning. I’m not sure whether to blame it on Obama’s economic press conference or technicals — the Nasdaq approaching its 50-day moving average and the indices hitting last week’...

Things are looking good for the bulls this morning. Intel had a good earnings report last night and this morning’s CPI seems to be a non-factor. On Today’s Calendar: 10:30 — Crude Inventories 2:00 — Fed’s Beige Book More Calendars: U.S. Earnings | Conf. Calls | Surprise...

Skittish. Confused. Insane. One or maybe all of those words describes the current market environment. For days now we’ve had mini-rallies sparked by some seemingly good news which have been met hours later with selling based on seemingly horrible news. That cycle repeated again on Friday when,...

The ISM Services report really threw the market for a loop today. When services make up some 90% of the economy you really don’t want to see weakness there. What we saw today was simply recession fears: Signs of a recession. Both the 41.9 business activity reading and the 44.6 summary number r...