By Josh Hayes on January 30, 2007
As is usual on a day where the Fed meets to decide interest rates, stock pretty much did nothing. However, the overall trend of the market is up and stocks followed the path of least resistance, closing green across the board. Even a gigantic jump in oil could not stop the market from throwing up [...]
Posted in default category | Tagged breadth, closing bell, commodity, consumer confidence index, day like today, djia, great news, liberal media, Nasdaq, NYSE, nytimes, path of least resistance, sideline, sp 500, usa today |
By Josh Hayes on January 13, 2007
On the back of a bullish retail sales report showing December sales rose .9%, stocks scored more gains with the Nasdaq making it five for five this week with positive finishes. The DJIA hit another all-time high and the Nasdaq inched closer to a new six-year high. At the close, the SP 600 led with [...]
Posted in default category | Tagged appetite, breadth, commodity, djia, indexes, leadership, nasdaq 100, nasdaq composite, NYSE, retail sales, screens, sp 500, stocks, transportation technology |
