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By Josh Hayes on March 9, 2007
My girlfriends parents arrived on Maui, today, so I spent all day with the family. Therefore, I was not around at all after the closing bell. However, I have reviewed my charts and can honestly say that nothing has changed. The gap up this morning and steady drift all day gave way to a selloff [...]
Posted in default category | Tagged 2pm, bounce, closing bell, gap, longs, lows, maui, parents, staying power, stocks, third day |
By Josh Hayes on March 2, 2007
Stocks started off the day with a nasty replay of the action on Tuesday. However, stocks found support shortly after and managed to rally to a respectable close, helping rescue trapped longs. Early weakness caused by a selloff in Asian and European markets (China down 2.8%) and inflation worries quickly sent stocks for a loop. [...]
Posted in default category | Tagged bear market, djia, downside, final hour, longs, lows, nassy, NYSE, personal consumption, sixth day, sp 500, target |
By Josh Hayes on February 20, 2007
Early losses soon turned into gains, after a long three-day weekend, as investors bid stocks up on the back of plenty of good news. News of a deal between SIRI and XMSR, VMC acquiring FRK, Oil dropping 2.2%, and positive comments from Fed gov. Susan Blies was just what the market wanted to hear, as [...]
Posted in default category | Tagged bull markets, djia, gold silver, great news, longs, NYSE, philadelphia gold, silver index, siri, small caps, sp 500, xmsr |
By Josh Hayes on February 1, 2007
Stocks continued to do what they have been doing all week and that is gain ground in the face of the ever growing loud bears. Even with GOOG and DELL trying to knock the market down, the market just keeps on rolling. Yes, I am also hearing a lot of bullish talk but trust me [...]
Posted in default category | Tagged breadth, caution, chat rooms, djia, goog, headway, longs, market rally, Nasdaq, NYSE, sp 500, to3, 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 |
By Josh Hayes on January 22, 2007
Stocks started the day off rough and only got worse as the LEI was delayed. The delay helped the selloff pick up steam and stocks quickly dropped to their low’s on the day. However, like usual, buyers stepped in to help support a declining market. However, by the close, their buying could not prop the [...]
Posted in default category | Tagged bad news, big boys, breadth, climax, djia, dma, longs, Nasdaq, NYSE, pullback, scheme of things, sp 500 |
By Josh Hayes on December 20, 2006
Stocks started the morning pretty flat, then accelerated after the opening, but soon turned tail and trended down for the rest of the day. There were no news catalyst for the reversal but the fact is that stocks did reverse.
Posted in default category | Tagged christmas vacation, djia, harbinger, longs, lows, Nasdaq, navi, shining star, sp 500, swoop, third day, warning sign, warning signs |
