By Josh Hayes on March 19, 2007
It was an exciting morning, as stocks gapped higher, as many investors were expecting a big follow-through day. However, after that gap up, stocks did not go much further than that, giving a feeling of a short-squeeze and not real buying by funds. The gap up, this morning, gave credit to the overnight success of [...]
Posted in default category | Tagged asian markets, big boys, cyh, djia, downside, mergers and acquisitions, NYSE, overnight success, short squeeze, sp 500, svm, txu |
By Josh Hayes on February 27, 2007
Stocks were crushed, Tuesday, after a meltdown in Asian markets led by the Shanghai index closing lower by 8.8% and a weak durable goods number. The Shanghai index shed almost 9% offering up its worst selloff in over 10 years. This selloff in China, which has been the leading market index the past two years, [...]
Posted in default category | Tagged asian markets, chl, djia, durable goods, hmin, market index, meltdown, Nasdaq, sp 500, steel producers |