The old trading adage "sell in May and go away" is being flipped on its head this month, and the rally shows no signs of abating. Many traders sit on the sidelines on options expiration Fridays, but not even even that could slow down this market today. While many stocks rested and perhaps saw some "pinning" action today, there were also a lot of impressive upper-level moves. The banks, which...
Full ArticleUPGRADES General Motors (NYSE:GM) upgraded to Buy from Underperform at CLSA CLSA upgraded General Motors two notches to Buy from Underperform and raised its price target for shares to $40 from $31. The firm is positive...
The rally paused in today's session as the S&P digested the most recent gains. Traders were almost alarmed to see red in their screens after nine out of 10 winning sessions, but ultimately it was just an inside day for...
Steve Levay, contributor to the T3Live Virtual Trading Floor and head trainer in the Momentum Trader mentoring room, brings you the T3Live half-time report, where he discusses the most in-play stocks for the day. If...
Futures are basically flat as markets around the world see some profit taking. Some are up, some down, but there are no big stand outs. The S&P remains very extended from both short- and long-term moving averages, and there...
