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 |
By Josh Hayes on January 24, 2007
A lot of good earnings helped the market shake off some recent selling as stocks rose across the board with leaders leading the way. At the close, the Nasdaq led the way with a 1.4% gain as the index reclaimed its 50 dma, the SP 600 followed with a 1% gain, the SP 500 was [...]
Posted in default category | Tagged bounce, breadth, dips, djia, dma, earnings, flirts, high quality, leading the way, legs, longs, money, nasdaq 100, NYSE, rally, sp 500 |
