stocks
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By Josh Hayes on December 15, 2007
Friday’s selling came on lower volume but one thing was very clear by the end of the day. The bulls have absolutely no juice and if a gigantic multi-Fed driven liquid injection in the market can’t keep the market up, I am not sure what people think will keep it up. Everyone knows that I [...]
Posted in default category | Tagged bear markets, bull markets, bulls, conviction, djia, stocks, trades, truth, ugliness |
By Josh Hayes on December 7, 2007
Overall, it was a pretty choppy and inconsistent day on Friday, but it was still a good day when we take it and consider that we continue to hold well in the face of all the bad news from the subprime area of the economy. I heard many complain that we did not finish higher [...]
Posted in default category | Tagged bad news, caps, djia, economy, indexes, Nasdaq, pullback, stocks |
By Josh Hayes on March 22, 2007
Stocks were boring and dead all day long, until 2:15pm when the Fed announced their decision on interest rates. When that happened, stocks exploded to the upside, destroying shorts in the process. The party was not started based on the decision, as everyone expected rates to stay at 5.25%. The fireworks erupted because the Fed [...]
Posted in default category | Tagged bottoms, djia, fireworks, indexes, interest rates, launch, leadership, moving average, Nasdaq, NYSE, rallies, rally, red flag, sp 500, stocks |
By Josh Hayes on March 9, 2007
My girlfriends parents arrived on Maui, today, so I spent all day with the family. Therefore, I was not around at all after the closing bell. However, I have reviewed my charts and can honestly say that nothing has changed. The gap up this morning and steady drift all day gave way to a selloff [...]
Posted in default category | Tagged 2pm, bounce, closing bell, gap, longs, lows, maui, parents, staying power, stocks, third day |
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 16, 2007
There was plenty of economic data for the market to feast upon, on Thursday. However, neither that or continued testimony by Ben was able to really move stocks one way or the other. Though industrial output fell by the largest amount in 17 months, stocks didn’t mind and were able to close higher across the [...]
Posted in default category | Tagged big boys, bounce, breadth, caps, disappointment, djia, economic data, feast, leadership, momentum, Nasdaq, NYSE, rally, small cap, sp 500, stocks, testimony |
By Josh Hayes on February 6, 2007
It was a dull day of direction-less movement for the major stock indexes, as several mergers failed to move stocks one way or the other. STT acquiring IFIN, TRI going private, SPG bidding for MLS, and Carl Icahn’s AREP bid for LEA were the highlights of the day.
Posted in default category | Tagged arep, athr, breadth, carl icahn, djia, dull day, mergers, mls, momentum, Nasdaq, NYSE, sp 500, stock show, stocks, stt |
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 |
By Josh Hayes on January 26, 2007
After such a nice day yesterday, where the Nasdaq bounces right off its 50 dma, the last thing you want to see is an immediate reversal; well that is what we got. Stocks almost gave back all of yesterdays gains in the Nasdaq and gave all of the gains back in the SP 500 and [...]
Posted in default category | Tagged auction, breadth, decline, djia, dma, losses, Nasdaq, nice day, profits, sp 500, stocks |
By Josh Hayes on January 13, 2007
On the back of a bullish retail sales report showing December sales rose .9%, stocks scored more gains with the Nasdaq making it five for five this week with positive finishes. The DJIA hit another all-time high and the Nasdaq inched closer to a new six-year high. At the close, the SP 600 led with [...]
Posted in default category | Tagged appetite, breadth, commodity, djia, indexes, leadership, nasdaq 100, nasdaq composite, NYSE, retail sales, screens, sp 500, stocks, transportation technology |
