By Josh Hayes on November 1, 2007
I am not a big fan of the chart of CPLA but the fundamentals are so strong and the breakout is to a new all-time high that I have to poke some. Still it is not going to be big. BIDZ has some incredible growth in the most recent quarter and the breakout came with [...]
Posted in Free Archives Longs | Tagged BIDZ, CPLA, FNDT, intraday |
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 January 29, 2007
Stocks ended mixed, after a wild day of trading, as traders positioned themselves ahead of the Fed meeting. To me, it just showed that the bulls and bears are both being very stubborn here and are evenly matched. At the close, the SP 600 was up .4%, the Nassy finished up .2%, the DJIA ticked [...]
Posted in default category | Tagged basis point, binge, breadth, bulls and bears, djia, fireworks, intraday, knot, Nasdaq, nassy, NYSE, sp 500 |
By Josh Hayes on January 27, 2007
Stocks started the day off very strong but soon started selling off, after strong durable goods orders, strong new-home sales, and bond yields ticking higher sent signals to traders that the Fed would not be cutting rates any time soon. Thankfully, a rumor of Bank of America and Countrywide Financial merging and more positive earnings [...]
Posted in default category | Tagged bank of america, bias, breadth, chat rooms, closing bell, collapse, countrywide financial, djia, dma, fireworks, indexes, intraday, lows, Nasdaq, negativity, NYSE, sp 500 |
By Josh Hayes on January 3, 2007
What a way to start off the New Year! Today, stocks showed us all why it is silly to have convictions. After gapping up very strong this morning on the back of some strong manufacturing data, stocks continued to rally. However, after the FOMC minutes were released, stocks did the exact opposite and reversed into [...]
Posted in default category | Tagged 3pm, accumulation, bad money, breadth, djia, economic growth, gapping, intraday, Nasdaq, NYSE, slowdown, sounding, sp 500 |
