By Josh Hayes on April 5, 2007
Stocks went back to their old ways of not doing much intraday but boring us to death, after a few important economic numbers hit the wires. The ISM service index fell to 52.4 in March from 54.3 in February. Expectations were for 54.7, so obviously this was not good news. The prices paid index rose [...]
Posted in default category | Tagged census bureau, djia, industry group, institutional investors, intraday, lows, nassy, NYSE, relative strength, sp 500 |
By Josh Hayes on March 29, 2007
Stocks turned tail Wednesday and for the second day in a row dip-buyers did not show up as stocks moved lower, with an intraday roller-coaster ride mid-day after a speech by Ben to a Congressional panel, closing near the lows of the day. Things got off to a bad start, after the February durable good [...]
Posted in default category | Tagged capital goods, closing bell, divergence, djia, health service, industry group, lod, lows, mid day, Nasdaq, NYSE, pullback, sp 500, vix |
By Josh Hayes on December 14, 2006
Stocks gained ground off of crude oil rising 2%, drifting with an upward bias on the DJ and downward bias to a green close. The gains in the face of bad news was a clear sign of just how strong this market STILL is.
Posted in default category | Tagged accumulation, bad news, big bopper, breadth, crude oil, djia, indexes, industry group, Nasdaq, NYSE, rally, santa claus, semiconductor index, sp 500 |
