Stock Market Live Blog: Blue-chips Slip; Barnes & Noble Pops

Stock Futures Rise; Market on Track for Weekly Gains





The index traders around 0.9% higher for the week. The Nasdaq Composite /quotes/zigman/12633936/realtime COMP was last at 4,280.32 points, up 12.80, or 0.3%. The high for the day so far was 4,284.85 and the index trades 0.3% higher on the week. The Dow Jones Industrial Average /quotes/zigman/627449/realtime DJIA , meanwhile, traded 38.44 points higher, or 0.2%, at 16,171.67 off the days high of 16,191.92, though clinging to a gain of 0.1% for the week. 10:58 am Metals miners down as broader equities market climbs by Myra Saefong Stocks seem to have regained their footing, with the S&P 500 edging to a new session high and trading not far off its all-time closing high from Jan. 15 of 1,848.38 S&P 500 up 0.3% at 1,845.l32 DJIA up 0.3% at 16,176.20 Nasdaq Composite up 0.3% at 4,281.71 10:46 am Flows show 'risk on,' but no EM buy signal yet: BofA Merrill Lynch by William Watts Add a Comment Were back to a risk on environment, write strategists at Bank of America Merrill Lynch in a Friday note breaking down the latest data on investment flows. Equities saw the largest inflow in 12 weeks, while high-yield bonds saw the biggest inflow in 17 weeks. Unsurprisingly, investors continue to get out of emerging-market debt and equity.







Higher Stock Prices on Declining Volume, a Major Red Flag?





But when you see dark clouds rolling in, the wind picking up, and cows lying down in the fields, but no rain is falling, does that mean you leave your umbrella at home and dismiss the clouds and wind (and cows) as unimportant? Shoving aside diminishing trading volume as non-eventful because the market is still rising would be a similar error in logic in my opinion. Yes, the market ( UPRO ) is rising. But volume is waning, and historically that has not view website been associated with strong bull markets. Why Volume Matters The big boys (also known as institutional investors like mutual funds and hedge funds) operate with big numbers, and big numbers mean big volume. A few thousand shares here and there is nothing. But if you are big and want to buy something you must buy a boatload of shares, millions per position. Rising volume is associated with the big boys buying and selling, so when the market is rising on increasing volume it is assumed the big money, also typically considered the smart money, is buying. When the market is rising while volume is declining the implication is the big money is not the one buying, more likely slowly exiting positions. The chart below shows the Dow Jones Industrial Averages ( DIA ) price along with volume since 1980. Volume rose with price until 2007, spiked significantly higher in the 08 financial crisis (a normal volume pattern during crisis), flat-lined into 2011, and has fallen ever since, suggesting since 2012 the smart money was not driving the markets higher in price. Throughout the hundred years of U.S.









stocks hugged the flat line on Friday as investors digested earnings reports and a bigger-than-forecast drop in existing-home sales. WSJ's John Shipman gives a lowdown on the markets today. Photo: Getty. The Dow Jones Industrial Average was down eight points, or less than 0.1%, at 16125 in late-afternoon trading. The S&P 500 was off less than one point, or less than 0.1%, at 1839.