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Daily Archives: March 27th, 2007

3/27/07 Morning Action

March 27, 2007 – 3:18 pm

This morning’s action is mainly a reaction to more bad news in the housing sector. Consumer sentiment didn’t help. But, strangely enough, the daily charts of the major indices actually have the MAs turned up. I wonder if the bulls are waiting to pounce again in the afternoon. We’ll have to […]

By HappyTrading | Posted in Uncategorized | Comments (0)

3/26/07 Some More Stocks That I’m Looking At: FCX, ATI, RTI, SHLD, CTSH, LVS, MGM, WYNN

March 27, 2007 – 2:12 am

FCX rallied big today and caught the upper BB; it also broke out above the resistance at around 62. It had great buying volume, again. If the 20-day MA curves up tomorrow and stays above the 30-day MA without crossing it, it would be a very bullish sign; and, the momentum might pick up […]

By HappyTrading | Posted in Uncategorized | Comments (0)

3/26/07 Review: Nasdaq, SPX, SOX, GOOG, AAPL, RIMM

March 27, 2007 – 1:04 am

It was a nice day for the markets. We survived the new housing data and the bulls rallied Nasdaq all the way to finish green! This showed that there’s a lot of money standing on the sideline, ready to come in.
The Nasdaq closed right at resistance. It needs to catch the upper BB and start […]

By HappyTrading | Posted in Uncategorized | Comments (0)