By Josh Hayes on April 1, 2007
Another wild-yet-boring intraday session came to an end, with stocks going nowhere. The lack of action today is a bit of a surprise, considering all the news items we had to digest. First, we got off to a positive start and continued higher early on, on the back of a bunch of macro news. The [...]
Posted in default category | Tagged bush administration, closing bell, comfort zone, commerce department, core inflation, djia, economic sanction, economic sanctions, NYSE, personal consumption, personal income, purchasing managers index, sp 500 |
By Josh Hayes on April 1, 2007
Another wild-yet-boring intraday session came to an end, with stocks going nowhere. The lack of action today is a bit of a surprise, considering all the news items we had to digest. First, we got off to a positive start and continued higher early on, on the back of a bunch of macro news. The [...]
Posted in default category | Tagged bush administration, closing bell, comfort zone, commerce department, core inflation, djia, economic sanction, economic sanctions, NYSE, personal consumption, personal income, purchasing managers index, sp 500 |
By Josh Hayes on February 15, 2007
Today stocks showed, ONCE AGAIN, why shorting a market that is in a long-term uptrend is an unprofitable and low reward/high risk proposition. All it took today was positive comments from Mr. Bernanke about the economy to ignite a very powerful rally that helped five key indexes hit all-time highs and another one hit six [...]
Posted in default category | Tagged bernanke, breadth, core inflation, djia, djta, djua, final bell, half year, high risk, indexes, Nasdaq, NYSE, senate banking committee, sp 500 |
