bad news
You are browsing the bad news tag archive.
By Josh Hayes on December 7, 2007
Overall, it was a pretty choppy and inconsistent day on Friday, but it was still a good day when we take it and consider that we continue to hold well in the face of all the bad news from the subprime area of the economy. I heard many complain that we did not finish higher [...]
Posted in default category | Tagged bad news, caps, djia, economy, indexes, Nasdaq, pullback, stocks |
By Josh Hayes on April 11, 2007
Stocks performed the same way as they have been recently, with the markets gapping up, selling off, and then finding dip-buyers to help bring them off their lows and sending them near their highs by the close. All of this happened despite a very healthy amount of bad news from the housing and mortgage industry. [...]
Posted in default category | Tagged bad news, djia, lows, mortgage industry, Nasdaq, NYSE, oil gas, sarcasm, services group, sp 500 |
By Josh Hayes on March 20, 2007
It was another day of light gains, for the stock market. However, today, had a bit more of a steady bullish bias to it, unlike yesterday, as big-cap indexes closed near their HOD. The good news for stocks came on the back of a better-than-expected housing starts number for February. That number was up 9% [...]
Posted in default category | Tagged accumulation, adza, bad news, breadth, dead cat, djia, hod, lows, moving average, Nasdaq, rallies, sp 500, stock market |
By Josh Hayes on March 4, 2007
A falling dollar to a rising yen and euro and concerns of the subprime mortgage market helped weigh on stocks on Friday. However, after the damage Tuesday and the weak bounce on Wednesday and Thursday, further selling was to be expected. The most disturbing part of Friday’s selloff was the fact that almost all the [...]
Posted in default category | Tagged bad news, breadth, djia, downside, lod, lows, NYSE, pullback, red flag, sp 500, yen |
By Josh Hayes on January 22, 2007
Stocks started the day off rough and only got worse as the LEI was delayed. The delay helped the selloff pick up steam and stocks quickly dropped to their low’s on the day. However, like usual, buyers stepped in to help support a declining market. However, by the close, their buying could not prop the [...]
Posted in default category | Tagged bad news, big boys, breadth, climax, djia, dma, longs, Nasdaq, NYSE, pullback, scheme of things, sp 500 |
By Josh Hayes on January 5, 2007
Despite strong job numbers that on the surface appear to be bullish for stocks, major market indexes sold off failing to capitalize on yesterday’s impressive performance. Rising hourly earnings and fear of the Fed not cutting rates due to the strong hourly numbers was the spark that lit the fire of the sellers. At the [...]
Posted in default category | Tagged bad news, breadth, brunt, djia, fear, growth stocks, job, Nasdaq, no doubt, NYSE, shakeout, sp 500 |
By Josh Hayes on December 14, 2006
Stocks gained ground off of crude oil rising 2%, drifting with an upward bias on the DJ and downward bias to a green close. The gains in the face of bad news was a clear sign of just how strong this market STILL is.
Posted in default category | Tagged accumulation, bad news, big bopper, breadth, crude oil, djia, indexes, industry group, Nasdaq, NYSE, rally, santa claus, semiconductor index, sp 500 |
By Josh Hayes on December 12, 2006
Stocks started the day pretty calm and soon gave way to some very rapid selling that dropped the indexes hard to their lows of the day; the Nasdaq fell as much as 1%. However, stocks found strong support on that selling and after the FOMC announcement stocks worked higher finishing well off the lows. Overall, [...]
Posted in default category | Tagged bad day, bad news, breadth, djia, economic growth, fed rate, housing market, lacker, last breath, lows, Nasdaq, NYSE, sp 500, steel products, straight time |
