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Category Archives: ADBE

Market Mixed After Fed Holds Rates Unchanged: SPX, Nasdaq, AMZN, AAPL, GOOG, RIMM, ADBE

As mentioned in my Market Forecast this weekend, "the market may be hesitant ahead of the FOMC meeting on Tuesday."  The market was directionless before the Fed’s decision was announced.  After the Fed announced holding interest rates unchanged and its plan to provide further help if needed, the market still was not able to act [...]

Commodity Stocks Roar Back! SPX, Nasdaq, WLT, CLF, X, NUE, RTP, CAT, DE, BUCY, JOYG, AAPL, ADBE, ORCL

The market spent most of the day in the positive territory.  In the last couple of hours, the rally accelerated into the close.  Miners have been weak, but, they roared back up today.  WLT jumped $5, or +5.79%, to close at $91.3; that’s $9 up from yesterday’s open!  CLF added +6.87%.  X was up +4.94% while [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, GLD, XME, SWH

Last weekend, in my Market Forecast, I said, "For the new week, most sectors seem to have sync’d up to go higher.  SPX closed right at its 10-day MA while Nasdaq closed above.  Another solid green day, the indices could have the daily upper BB within their reach.  The market will need to push the [...]

Review 12/17/07: SPX, Nasdaq, PCLN, AAPL, ADBE, JASO

The market struggled all day today and ended near the day’s low. Further economic worries infused the market with anxiety. The Dow ended down 172.65 points; SPX lost 22.05 points; and the Nasdaq stumbled 61.28 points! Here’s how the market looked at the close: VIX jumped +5.37%. HGX (housing), surprisingly, closed in the green. XLF [...]

Review 9/17/07: SPX, Nasdaq, BIDU, ADBE, WYNN, LVS

It was a “cautious” day for most. The techs, however, were a bit weaker than the broader market. The Dow slid 39.10 points. SPX gave up just 7.60 points. But, Nasdaq went down 20.52. Here’s how the market closed: INX2 (Internets) continued to be strong. But, both SOX (semiconductors) and BTK (biotechs) were still weak. [...]