Traders face plenty of economic news this week, and considering how much the market has risen, it could be time for a bit of a pullback. But at least one trader thinks that’s just what’s needed to create a base for further gain…
Stocks don’t move in a straight line, and a relatively light week of earnings reports and economic data should give the market a much-needed break after the major indexes have run up to two-year highs. But long-term, the direct…
Stocks closed slightly higher Friday despite the best jobs report in months, as a six-session rally that has taken the market to a two-year high was due for a breather. The Dow finished up nine points, while the S&P was up five…
Stocks closed mixed Friday as Google’s strong earnings lifted tech stocks but mounting concern over the foreclosure crisis and a revenue miss from GE weighed on financials and the broader market.
Continue read…
Tuesday alone brings news on housing starts and permits and the latest policy statement from Fed Chairman Ben Bernanke. Investors will also contend with new- and existing-home sales, durable goods, leading indicators and weekly…