By Josh Hayes on March 10, 2007
Stocks gapped higher off a mixed jobs report. Total jobs for the month came in at the lowest level in two years but the unemployment data dipped to 4.5% from 4.6% and last months numbers were revised up continuing a recent pattern, possibly giving market players a bit of buying power. The gap higher then [...]
Posted in default category | Tagged breadth, bulls and bears, dead cat bounce, djia, dmrc, final hour, gap, lows, Nasdaq, nassy, NYSE, sp 500 |
By Josh Hayes on January 29, 2007
Stocks ended mixed, after a wild day of trading, as traders positioned themselves ahead of the Fed meeting. To me, it just showed that the bulls and bears are both being very stubborn here and are evenly matched. At the close, the SP 600 was up .4%, the Nassy finished up .2%, the DJIA ticked [...]
Posted in default category | Tagged basis point, binge, breadth, bulls and bears, djia, fireworks, intraday, knot, Nasdaq, nassy, NYSE, sp 500 |
