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By Josh Hayes on April 3, 2007
Possible good news out of Iran over the release of the 15 hostages, oil prices falling 2% to $64.64 as the result of the possible release, positive foreign market gains in Europe and Asia, and positive news from the housing market was just what the market needed, as stocks gapped higher, held the gains, and [...]
Posted in default category | Tagged accumulation distribution, crowd, divergence, djia, downside, hod, hostages, housing market, indexes, Nasdaq, NYSE, oil prices, sp 500 |
By Josh Hayes on March 29, 2007
A bullish Q4 GDP final revision higher to 2.5% from 2.2%, along with jobless claims falling for the fourth week in a row, helped start stocks off on a very bullish foot before the opening bell. But soon after the opening bell, stocks trended lower all day until a strong late afternoon rally sent stocks [...]
Posted in default category | Tagged closing bell, hod, jobless claims, lows, narrow margin, NYSE, sp 500 |
By Josh Hayes on March 20, 2007
It was another day of light gains, for the stock market. However, today, had a bit more of a steady bullish bias to it, unlike yesterday, as big-cap indexes closed near their HOD. The good news for stocks came on the back of a better-than-expected housing starts number for February. That number was up 9% [...]
Posted in default category | Tagged accumulation, adza, bad news, breadth, dead cat, djia, hod, lows, moving average, Nasdaq, rallies, sp 500, stock market |
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 22, 2007
Stock indexes gapped lower this morning as CPI data came in higher than expected. The CPI rose .2% as core prices had their biggest jump since June. That along with Fed minutes showing that the Fed is still targeting inflation was enough to send all the indexes lower. However, showing just how strong this market [...]
Posted in default category | Tagged breadth, dips, djia, hod, lows, lvlt, msft, nasdaq 100, news item, NYSE, pullback, small caps, sp 500, third day |
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 |
