nassy
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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 March 27, 2007
It was a day of bad news all around, as rising oil prices, more bad news from the housing market, and a drop in consumer confidence rocked stocks early. After the early morning rock, stocks basically spent the rest of the day boring everyone as all of the action was before the bell. Before the [...]
Posted in default category | Tagged bear market, big boys, consumer confidence index, djia, nassy, NYSE, pullback, sp 500, stock exchanges |
By Josh Hayes on March 14, 2007
It was a wild ride this Wednesday as stocks started the day off where they left off yesterday. On the back of Labor Dept. data showing the import price index rise .2% and the Commerce Dept. showing 4Q account deficits narrowing, stocks kept the pace of yesterday’s losses early. But after the markets made new [...]
Posted in default category | Tagged breadth, djia, final bell, hod, import price index, key number, key statistics, Nasdaq, nassy, NYSE, sp 500, wild ride |
By Josh Hayes on March 10, 2007
Stocks gapped higher off a mixed jobs report. Total jobs for the month came in at the lowest level in two years but the unemployment data dipped to 4.5% from 4.6% and last months numbers were revised up continuing a recent pattern, possibly giving market players a bit of buying power. The gap higher then [...]
Posted in default category | Tagged breadth, bulls and bears, dead cat bounce, djia, dmrc, final hour, gap, lows, Nasdaq, nassy, NYSE, sp 500 |
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 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 17, 2007
Stocks fought off morning weakness, caused by a revenue warning from MSFT, and rallied the rest of the day to close flat and near the highs of the day. This bit of news from MSFT particularly hit the Nassy the hardest as MSFT represents 6% of this index. The strength in the indexes in the [...]
Posted in default category | Tagged breadth, djia, expiration day, great news, indexes, msft, Nasdaq, nassy, NYSE, sp 500, standstill, stock, stocks |
By Josh Hayes on February 14, 2007
It was a tale of two tapes as the DJIA and SP 500 rallied quite well while the Nassy lagged as big-chips received bids. The reason for the outperformance was due in large part to shares of AA. Reports that BHP or RTP are bidding for the Aluminum giant helped the big-caps rally. Adding to [...]
Posted in default category | Tagged CSX, djia, growth stocks, gsh, Nasdaq, nassy, NYSE, rtp, sp 500, steel producer, unp |
By Josh Hayes on February 10, 2007
It is kind of odd that a comments from the St. Louis Fed head William Poole, Cleveland Fed head Sandra Pianalto, and Dallas Fed head Richard Fisher could kick start a selloff like it did today, but that is in fact what happened. Stocks started off strong but his comments that he would vote for [...]
Posted in default category | Tagged big boys, breadth, djia, Nasdaq, nassy, NYSE, price volume, sp 500, william poole |
By Josh Hayes on February 3, 2007
Stocks were able to hold on to the post-Fed gains, as uncertainty over interest rates off the job data helped keep stocks tight. Jobs coming in below estimates, unemployment ticking up, weak gains in wages, and a lower revision to the Michigan confidence numbers were all good reasons to knock stocks down. But strong factory [...]
Posted in default category | Tagged breadth, djia, explosion, jitters, medical equipment, Nasdaq, nassy, NYSE, solid 3, sp 500, stocks, wages |
