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Category Archives: RMBS

Market At Highest Close In 15 Months! SPX, Nasdaq, IBM, CREE, RMBS, AAPL, APA, WLT, HES, BAC, WFC, BK, STT

After brushing aside C’s earnings this morning, the market shifted its focus to the Senate race in Massachusetts.  Health care stocks started to rise because Brown, the Republican’s candidate, was gaining momentum.  Other sectors followed higher.  Energy stocks turned green.  Miners were also strong.  Tonight, Brown secured a victory.  Health care stocks may get a pop [...]

Market Stalling? SPX, Nasdaq, RMBS, ORCL, GOOG, CLF, X, RIO

The market felt lethargic all day today. Durable goods data dropped and rekindled some worrying on the market. It made an attempt to rally back in the afternoon, but, still closed in the red. Metals were strong again today. Oil jumped and related sectors showed strength. Select agriculture plays were quite strong (for example, POT, [...]