Red Roadmaster

Wall St Futures Dive

Futures on the Standard & Poor’s 500 Index slid 1.3 percent at 7:02 a.m. in New York, while the MSCI World retreated 0.8 percent. Crude oil and copper slipped for a second day, while gold traded within about 2 percent of a record high. BP Plc sank 15 percent, its biggest drop since 1992, while [...]

Paul Ebeling on AT&T (ATT), Baidu, Inc. (BIDU), E. I. DuPont de Nemours & Co. (DD), and Altria Group Inc. (MO)

A review the US Stock Market Action for the week ending 7 May 2010
A Look at Last Week’s Unusual Market Action
Last Thursday’s Free Fall May Prompt New Exchange Rule
Featuring: ATT, BIDU, DD, and MO
The kind of market action we saw last Thursday, diving abruptly, and snapping back quickly in a ”Woosh” of electronic trading, has [...]

Paul Ebeling on Dendreon Corp (DNDN), JDS Uniphase Corporation(JDSU), Nordic American Tanker Shipping (NAT), and The Scotts Miracle-Gro Company (SMG)

Re-cap of the US Stock Market Action for the Month ending 30 April 2010

Wall Street is up in April
US Stocks sank Friday to close out the worst week since January; the catalyst (?) News of a criminal probe into Goldman Sachs was said to unnerve anxious players on the prospects of heavy handed [...]

Paul Ebeling Weekly Outlook

There is lots of economic data out this week. Plus more earnings are coming out.
I will be looking at the Econ Data and like Jim Cramer said Friday, the Key will be the jobs report due on Friday.
On the Market: This is the beginning of the month where money comes to work. So, we [...]

Red’s Edge and in the Trenches

There are a few successful traders and lots of folks who want to be successful traders, the difference is that those that want to be, call them “wannabe’s”, often believe that success can come without a major effort, and try the do as little as possible approach to trading.
Sure, they may attend a seminar or [...]

Paul Ebeling on Barrick Gold Corporation (ABX), E. I. DuPont de Nemours & Co. (DD), Exxon Mobil Corp (XOM), Las Vegas Sands Corp. (LVS), and Motorola (MOT

US Stocks headed South on Tuesday but North on Wednesday
US stocks rose Wednesday after the Federal Reserve pointed to signs of strength in the economy.
The policymaking Federal Open Market Committee said in a statement after a two-day meeting, “Economic activity has continued to strengthen and … the labor market is beginning to improve.”
That went some [...]

Paul Ebeling on American Express Company (AXP), Caterpillar, Inc. (CAT), The Home Depot Inc. (HD), KB Homes (KBH), and Xerox Corp. (XRX).

Re-cap of the US Stock Market Action for the Week ending 23 April 2010
For the Week: the S&P 500 was up 2.1%, the DJIA rose1.7%, and the NAS gained 2%. It was the 8th straight week of gains for the DJIA and NAS, and the S&P has gained in 7 of the past 8 weeks [...]

Re-cap of the US Stock Market Action for the Week ending 23 April 2010

For the Week: the S&P 500 was up 2.1%, the DJIA rose1.7%, and the NAS gained 2%. It was the 8th straight week of gains for the DJIA and NAS, and the S&P has gained in 7 of the past 8 weeks running.
For the Day: The DJIA closed up 69.99 pts, or 0.63%, to 11,204.28, [...]

Paul Ebeling on Amazon.com, Inc. (AMZN), The Boeing Company (BA), Harley-Davidson, Inc. (HOG), 3M Company (MMM).

US Stocks were flat to mixed in trading Wednesday
The DJIA closed + 7.86 pts, or 0.07%, at 11,124.92, the S&P 500 lost 1.23 pts, or 0.10%, to close at 1,205.94, and the NAS tallied up + 4.30 pts, or 0.17%, to end the session at 2,504.61.
Among gainers, Morgan Stanley shares rose 4.04% to US$31.68 after [...]

Paul Ebeling on The ALLSTATE Corp. (ALL), Altria Group Inc. (MO), AT&T (ATT), and Honeywell International Inc. (HON)

The DJIA rose 73.39 pts, or 0.67%, to close at 11,092.05, the S&P 500 gained 5.39 pts, or 0.45%, to close at 1,197.52, and the NAS tallied up a minus 1.15 pts, or 0.05%, to end the session at 2,480.11.
The NAS stayed just below the flat line as chip makers slid negative. The PHLX semiconductor index was down 1%.
Goldman [...]