By Josh Hayes on March 22, 2007
Stocks traded in a narrow and choppy range today, digesting the gains from yesterday’s follow-through. That action was overall very positive considering that there were a couple of news items that could have sent stocks lower. Oil rose $2 to close over $61 and for the third week in a row, jobless numbers came in [...]
Posted in default category | Tagged amex, bull markets, djia, new america, oil index, s trading, sp 500 |
By Josh Hayes on February 13, 2007
For the third straight day, stocks fell, despite a couple of big mergers and acquisitions. Even weakness in oil and natural gas could not help the market make headway. The Saudi Arabia oil minister said OPEC may not implement new production cuts at the next meeting. Oil managed a 3.5% drop on that news and [...]
Posted in default category | Tagged amex, djia, headway, mergers and acquisitions, NYSE, opec, pullback, saudi arabia, slb, sp 500 |
By Josh Hayes on December 26, 2006
It was up, up, and away for stocks on Tuesday, as the market opened higher and did not look back all day, steadily making advances until the closing bell. The only news out there was holiday retail sales and that bit of bad news did nothing to stop stocks; it just stopped retail and you [...]
Posted in default category | Tagged amex, closing bell, djia, pullback, rlx, ryaay, sp 500 |
By Josh Hayes on December 22, 2006
On the last trading day before Christmas, stocks continued their recent trend of flat to positive opens that eventually lead to a consistent downtrend until the close. For the fifth day in a row on the Nasdaq and for the fourth out of five days on the SP 500, stocks fell on lower volume. The [...]
Posted in default category | Tagged amex, christmas holiday, critical line, djia, downside, NYSE, oil index, prefect, pullback, small caps, sp 500, wonderful christmas |
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 |
