Winners beat losers at the NYSE on Thursday by a rough 7 to 2 margin and by about 2 to 1 at the Nasdaq. Advancing volume took a decisive 74.4% share of composite NYSE-listed trade and a 68.6 share of Nasdaq-listed activity. Now, here's the kicker. Aggregate trade increased by an impressive 12.6% day over day across names domiciled at 11 Wall Street and a "good enough" 2.8% d/d across Nasdaq-domiciled names. That appears to be quite meaningful coming after a week that incl...

Thursday morning. All is clear. The late January FOMC policy decision has come and gone with little fanfare. The target range for the Fed Funds rate was left where it was, as expected. The press conference was conducted carefully, as if meant to keep the committee out of trouble one way or the other. That too, was as expected. The official statement was kept short, as has been the way the FOMC has operated of late. The majority of this statement was a "cut and paste" job taken...