By Josh Hayes on February 7, 2007
It was yet another driftless day for stocks, overall, as comments from Fed heads Bernanke, Yellen, Moskow, and the Treasury Secretary had no major effect on the stock market. There was no catalyst for stocks to move in one way or the other. It was basically about earnings action in individual stocks and nothing else, [...]
Posted in default category | Tagged accumulation, breadth, djia, moskow, NYSE, products group, sp 500, steel products, stock market, treasury secretary |
By Josh Hayes on December 12, 2006
Stocks started the day pretty calm and soon gave way to some very rapid selling that dropped the indexes hard to their lows of the day; the Nasdaq fell as much as 1%. However, stocks found strong support on that selling and after the FOMC announcement stocks worked higher finishing well off the lows. Overall, [...]
Posted in default category | Tagged bad day, bad news, breadth, djia, economic growth, fed rate, housing market, lacker, last breath, lows, Nasdaq, NYSE, sp 500, steel products, straight time |
