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 6, 2007
Stocks staged an extremely strong rally, off the back of an overnight rally in Asia and Europe. But the big log-jam higher came during comments by Ben arguing for more regulation over the mortgage giants FNM and FRE. Stocks were pulling back slightly ahead of those comments. However, that being a reason for the rally [...]
Posted in default category | Tagged asia and europe, big boys, bottoms, breadth, closing bell, djia, downside, fasteners, fnm, log jam, NYSE, relative strength, short squeeze, sp 500, stock exchanges |
