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 March 8, 2007
It was a choppy day today (no surprise here) as stocks opened flat, then fell, the rallied, and then took a last hour nosedive. When it was over, all indexes ended in the red closing near the LOD, except the MidCap 400 index. There was not much in economic news to move the market. The [...]
Posted in default category | Tagged accumulation distribution, breadth, djia, downside, lod, lows, Nasdaq, nassy, NYSE, pullback, sp 500 |
By Josh Hayes on March 5, 2007
Stock market indexes took traders on a wild and crazy wild, on Monday, as stocks gapped lower due to fears out of Asia, the subprime mortgage market, and other various reasons. By the middle of the day stocks managed to make it to the green but were then slammed in the final hour on heavy [...]
Posted in default category | Tagged breadth, carnage, djia, downside, final hour, lod, mortgage industry, pullback, right reason, sp 500 |
By Josh Hayes on March 4, 2007
A falling dollar to a rising yen and euro and concerns of the subprime mortgage market helped weigh on stocks on Friday. However, after the damage Tuesday and the weak bounce on Wednesday and Thursday, further selling was to be expected. The most disturbing part of Friday’s selloff was the fact that almost all the [...]
Posted in default category | Tagged bad news, breadth, djia, downside, lod, lows, NYSE, pullback, red flag, sp 500, yen |
