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Late Day Selling Overpowers CSCO’s Dividend News

The market remains in an uptrend despite late day selling Better than expected retail sales figures failed to spark a morning rally, but it wouldn’t be long until buyers would step up to the plate and support stocks.  The NASDAQ briefly took out its 200 day moving average, but volume was light.  Volume ran light [...]

Stocks Finish Slightly Higher, On Lower Volume; Merger & Acquistions Trump Terrible Economic Numbers

Stocks finished slightly higher, today, after a barrage of economic data, mergers & acquisitions, and even a scare from Alan Greenspan warning of the subprime loan sector spilling over and effecting other areas of the economy (people didn’t know that would happen?). However, the gains weren’t that impressive as a choppy day of trading had [...]

Major Stock Market Indexes Rise Across The Boards, With Leading Stocks Leading; Afternoon Selloff May Be A Tip-Off Of Impending Trend Change

Stocks started the day off on the right foot, thanks to a good earnings report from CSCO and fantastic news that US productivity grew 3% in the most recent quarter. However, those steady gains were completely wiped out on the DJIA and the SP 500 in the afternoon. And even though the indexes clawed back [...]

Nasdaq Suffers A Distribution Day, As Stocks Fall Across The Board; Big Caps Hold Ground.

Stocks suffered a rough day, on Wednesday, as INTC’s pricing battle against AMD weighed heavily on the Nasdaq, with INTC selling off. A weak Fed beige book report and a stronger than expected PPI, more than likely, did not help either. At the close, the Nasdaq led the way on the downside, falling .75%, the [...]

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