By Josh Hayes on March 19, 2007
It was an exciting morning, as stocks gapped higher, as many investors were expecting a big follow-through day. However, after that gap up, stocks did not go much further than that, giving a feeling of a short-squeeze and not real buying by funds. The gap up, this morning, gave credit to the overnight success of [...]
Posted in default category | Tagged asian markets, big boys, cyh, djia, downside, mergers and acquisitions, NYSE, overnight success, short squeeze, sp 500, svm, txu |
By Josh Hayes on February 13, 2007
For the third straight day, stocks fell, despite a couple of big mergers and acquisitions. Even weakness in oil and natural gas could not help the market make headway. The Saudi Arabia oil minister said OPEC may not implement new production cuts at the next meeting. Oil managed a 3.5% drop on that news and [...]
Posted in default category | Tagged amex, djia, headway, mergers and acquisitions, NYSE, opec, pullback, saudi arabia, slb, sp 500 |