By Josh Hayes on March 27, 2007
It was a day of bad news all around, as rising oil prices, more bad news from the housing market, and a drop in consumer confidence rocked stocks early. After the early morning rock, stocks basically spent the rest of the day boring everyone as all of the action was before the bell. Before the [...]
Posted in default category | Tagged bear market, big boys, consumer confidence index, djia, nassy, NYSE, pullback, sp 500, stock exchanges |
By Josh Hayes on March 2, 2007
Stocks started off the day with a nasty replay of the action on Tuesday. However, stocks found support shortly after and managed to rally to a respectable close, helping rescue trapped longs. Early weakness caused by a selloff in Asian and European markets (China down 2.8%) and inflation worries quickly sent stocks for a loop. [...]
Posted in default category | Tagged bear market, djia, downside, final hour, longs, lows, nassy, NYSE, personal consumption, sixth day, sp 500, target |