• David Becker

    Stocks were broadly higher Monday with several major indexes’ hitting new highs. The Dow, S&P 500 and Nasdaq hit new highs for 2014. The Russell 2000 and S&P MidCap Index were up as well, but these two remain short of their summer highs. Among the sector, the Consumer Discretionary, Technology, Finance and HealthCare hit fresh

  • David Becker

    The Finance SPDR (XLF) has also joined with the stock market rally and has recaptured a key support level. The long-term uptrend was never in jeopardy with the late July decline. The XLF held above its rising 200-day moving average, and the 50-day remains well above the 200-day. The ETF recaptured the short-term support break

  • Henryrooto Henryrooto

    On Thursday the Federal Reserve released the results of their 2014 stress test. The test is conducted as part of the new regulations which is geared to making sure banks can withstand another financial crisis. The banks are graded on their ability to withstand a number of market changes, and how their assets would perform

  • In the face of continued solid earnings reports, the US stock market has continued to rally, pushing to new highs over the past week.  On Monday, DuPont released better than expected earnings and put a strong spill on their forward looking guidance.  All eyes are on Apple (NASDAQ:AAPL) as they release earnings after the bell