By Josh Hayes on March 9, 2007
My girlfriends parents arrived on Maui, today, so I spent all day with the family. Therefore, I was not around at all after the closing bell. However, I have reviewed my charts and can honestly say that nothing has changed. The gap up this morning and steady drift all day gave way to a selloff [...]
Posted in default category | Tagged 2pm, bounce, closing bell, gap, longs, lows, maui, parents, staying power, stocks, third day |
By Josh Hayes on February 16, 2007
There was plenty of economic data for the market to feast upon, on Thursday. However, neither that or continued testimony by Ben was able to really move stocks one way or the other. Though industrial output fell by the largest amount in 17 months, stocks didn’t mind and were able to close higher across the [...]
Posted in default category | Tagged big boys, bounce, breadth, caps, disappointment, djia, economic data, feast, leadership, momentum, Nasdaq, NYSE, rally, small cap, sp 500, stocks, testimony |
By Josh Hayes on January 24, 2007
A lot of good earnings helped the market shake off some recent selling as stocks rose across the board with leaders leading the way. At the close, the Nasdaq led the way with a 1.4% gain as the index reclaimed its 50 dma, the SP 600 followed with a 1% gain, the SP 500 was [...]
Posted in default category | Tagged bounce, breadth, dips, djia, dma, earnings, flirts, high quality, leading the way, legs, longs, money, nasdaq 100, NYSE, rally, sp 500 |