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Daily Archives: May 16th, 2007

Review 5/16/07: DOW, SPX, Nasdaq, GOOG, SOX, OIH, BTK, GLD

May 16, 2007 – 4:46 pm

It was a very good day for the markets! The major market indices were able to successfully vent and test support levels, and, the picture is looking more bullish again! The DOW made another new high, closing at 13487.53! SP 500 seems ready to go higher. Nasdaq made a dramatic comeback, […]

By HappyTrading | Posted in Uncategorized | Comments (8)

TSO: ‘Tis So Over?!

May 16, 2007 – 9:53 am

Is TSO ready to roll over? This high flyer seemed to have defied all analysts’ downgrades for a long time! Are the investors finally moving their money elsewhere?

TSO’s daily chart shows weak technical indicators, and, it is presently sitting below its 30-day MA.
For the members of PSW, there was a similar […]

By HappyTrading | Posted in Uncategorized | Comments (0)