CHESSNOID

I peaked tonight to my disbelief at what I saw.  All the stock futures are down almost 5%.

Dow
-400.00
-4.56%
8,374.00

NASDAQ
-58.75
-4.69%
1,194.75

S&P
-45.00
-4.92%
870.20

Tomorrow’s market will be one of the most volatile. It would not surprise me to see a record drop in all the indexes. There is just so much momentum in this fall, I don’t think an [...]

Today was another day in the amusement park we call Wall Street. The stock markets were literally up and down all day. In the end, they closed mixed with the last hour push that seems to be more consistent lately.  I really don’t think they are all bargain hunters.

Dow

8,691.25
+172.04
(2.02%)

Nasdaq

1,603.91
-11.84
(-0.73%)

S&P 500

908.11
+11.33
(1.26%)

Earlier in the day, I thought we [...]

Dow
8,304.48
-214.73
-2.52%

This is the way the markets have traded for the day so far. The last hour has more emphasis than before. It can make or break a day. I am not sure if it is institutional investors balancing their holdings, or just sell programs, or what. I think we have had more [...]

On a day to day basis, it seems impossible to determine which way the market will move.  If you are a day trader, I suspect this is your kind of market.  We opened up higher than plunged lower then skyrocketed up and plummeted back to the starting line.
The DOW started at 8,553, then literally popped [...]