October 8, 2008 – 4:01 pm
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Central banks around the global cut interest rates in a coordinated effort to help ease the credit crisis. The Fed slashed rates by half-a-point to 1.5%. The market was very volatile, going up-and-down many times; but, still ended down! Certain sectors were able to hold on […]
August 14, 2008 – 5:59 pm
This morning, the CPI data came out. It was higher than expected! The market opened lower, but, quickly turned around and went into the positive territory. Dollar went higher and oil dropped again. Commodity-related sectors gave back some gains from yesterday. Gold took a tumble and closed at a new year low. It is trading […]
February 27, 2008 – 8:27 pm
The market was a little volatile today, as we saw some profit-taking in various sectors. But, buyers seemed to be still coming in. This morning, OptionDragon made a great play on AAPL:
optiondragon
Posted February 27, 2008 at 9:15 am | Permalink (Edit)
buying AAPL here with the MAr 125
AAPL ended the day with a $3.81 […]
February 26, 2008 – 4:53 pm
The market started out sluggishly today, as Google Inc. (GOOG) received downgrades on “disappointing” paid clicks data. On the economic front, consumer confidence dropped and the PPI was higher than expected. But, no worries, the market has got “Big Blue” on its side. IBM boosted its 2008 earnings outlook and announced an […]
November 7, 2007 – 6:57 pm
Wow! Talking about volatility!! The Dow went down 360.92 points; SPX dropped 44.65 points; and Nasdaq lost 76.42 points! With this huge “see-saw action in the market, for me, it is good to keep lots of cash!!
In my Market Forecast this weekend, I said, “For the new week, I’m looking […]
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