By Josh Hayes on April 3, 2007
Possible good news out of Iran over the release of the 15 hostages, oil prices falling 2% to $64.64 as the result of the possible release, positive foreign market gains in Europe and Asia, and positive news from the housing market was just what the market needed, as stocks gapped higher, held the gains, and [...]
Posted in default category | Tagged accumulation distribution, crowd, divergence, djia, downside, hod, hostages, housing market, indexes, Nasdaq, NYSE, oil prices, sp 500 |
By Josh Hayes on March 8, 2007
It was a choppy day today (no surprise here) as stocks opened flat, then fell, the rallied, and then took a last hour nosedive. When it was over, all indexes ended in the red closing near the LOD, except the MidCap 400 index. There was not much in economic news to move the market. The [...]
Posted in default category | Tagged accumulation distribution, breadth, djia, downside, lod, lows, Nasdaq, nassy, NYSE, pullback, sp 500 |
By Josh Hayes on December 15, 2006
Stocks closed the week up for the third straight session, with the help of a kind inflation data. The CPI came in unchanged from a month ago and that helped lift stocks higher. But after stocks hit their highs of the day around 11am EST, they basically drifted lower for the rest of the session [...]
Posted in default category | Tagged accumulation distribution, amex, big boys, breadth, cpi, djia, goodnight, Nasdaq, NYSE, single stock futures, sp 500, stock index futures, stock options |
