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 1, 2007
Stocks gapped higher in the morning but soon lost those gains, off the back of three weak economic numbers. First Q4 GDP came in with a final revision of a 2.2% gain. That was much lower than the initial 3.5% reported and below 2.3% estimates. Then new home sales came in with a Y over [...]
Posted in default category | Tagged 13 years, big boys, breadth, bulls, djia, institutional investors, leading the way, lows, Nasdaq, NYSE, sp 500, yesterday today |
