By Josh Hayes on April 3, 2007
Possible good news out of Iran over the release of the 15 hostages, oil prices falling 2% to $64.64 as the result of the possible release, positive foreign market gains in Europe and Asia, and positive news from the housing market was just what the market needed, as stocks gapped higher, held the gains, and [...]
Posted in default category | Tagged accumulation distribution, crowd, divergence, djia, downside, hod, hostages, housing market, indexes, Nasdaq, NYSE, oil prices, sp 500 |
By Josh Hayes on February 27, 2007
Stocks gapped open at the morning, on the back of some great buyouts (the TXU is really not good; but that is a diff. subject). STN and TXU were both buyout targets this Monday. However, that good news was quickly absorbed and just as quickly forgotten about after the former Fed chairman Alan Greenspan weighed [...]
Posted in default category | Tagged aep, air freight, alan greenspan, buyouts, djia, djta, djua, eoc, NYSE, oil prices, sp 500, txu |