The market was again volatile today. It was stronger in the morning, but, like yesterday, sellers came in in the afternoon. The techs were able to hang on to solid gains, though.
The Dow finished down 12.37 points; SPX slid just 0.45 points; Nasdaq gained +22.66 points:
XLF (financials) slipped again today, down 0.62%. […]
This weekend, in my Market Forecast, I said,
“For the new week, I think the market is in a good position to continue what it started early last week. We’ll again be watching to see if the market can rally above SPX 1340 and Nasdaq 2300. If it does, the important thing this week is for […]
The market started out with a jump today, following yesterday’s fantastic reversal. Before the market opened, I sent out a list of stocks that I felt good about (Time stamps are in PST, US West Coast Time):
HappyTrading
Posted January 24, 2008 at 6:22 am | Permalink (Edit)
Watching
GLD, GDX, AEM, ABX
MOO, POT, MON, MOS, CF, BG
GOOG, […]
Yesterday, I said, “I think the market is in a position to have a good rally tomorrow to get the 20-day MA above the 30-day MA!” Well, we did get a rally and the market now has the 20-day MA above the 30-day MA! The rally, though, was somewhat muted, especially among the […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
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