By Josh Hayes on March 14, 2007
It was a wild ride this Wednesday as stocks started the day off where they left off yesterday. On the back of Labor Dept. data showing the import price index rise .2% and the Commerce Dept. showing 4Q account deficits narrowing, stocks kept the pace of yesterday’s losses early. But after the markets made new [...]
Posted in default category | Tagged breadth, djia, final bell, hod, import price index, key number, key statistics, Nasdaq, nassy, NYSE, sp 500, wild ride |
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 |