By Josh Hayes on February 20, 2007
Early losses soon turned into gains, after a long three-day weekend, as investors bid stocks up on the back of plenty of good news. News of a deal between SIRI and XMSR, VMC acquiring FRK, Oil dropping 2.2%, and positive comments from Fed gov. Susan Blies was just what the market wanted to hear, as [...]
Posted in default category | Tagged bull markets, djia, gold silver, great news, longs, NYSE, philadelphia gold, silver index, siri, small caps, sp 500, xmsr |
By Josh Hayes on February 17, 2007
Stocks fought off morning weakness, caused by a revenue warning from MSFT, and rallied the rest of the day to close flat and near the highs of the day. This bit of news from MSFT particularly hit the Nassy the hardest as MSFT represents 6% of this index. The strength in the indexes in the [...]
Posted in default category | Tagged breadth, djia, expiration day, great news, indexes, msft, Nasdaq, nassy, NYSE, sp 500, standstill, stock, stocks |
By Josh Hayes on February 8, 2007
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 [...]
Posted in default category | Tagged 3pm, breadth, chat rooms, csco, djia, great news, hod, indexes, Nasdaq, NYSE, oscillators, productivity, rally, sp 500 |
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 12, 2007
Stocks gapped up in the morning, held those levels, and rallied for the rest of the day on the back of another back-breaking decline in oil. This huge 4% drop in oil helped the entire market rally, on Thursday. Oil has now fell 15% in 2007. At the close, with techs and small caps leading, [...]
Posted in default category | Tagged accumulation, big boys, breadth, candlestick chart, djia, dma, great news, lows, market analyst, market rally, nasdaq 100, news today, NYSE, small caps, sp 500, third day |
