The market started out weak, but, finished strong. Yesterday, in my evening post, I said, “Tomorrow, we may see the market wobble a bit after today’s big gains. If the market can hold these levels with modest gains, it would be a good accomplishment tomorrow.” The market did exactly that, with Nasdaq outperforming […]
February 14, 2008 – 6:48 pm
The market slid back down today, as Mr. Fed Chairman, Bernanke, spoke and discussed about the economic concerns. The market pretty much gave back what it gained, with the Dow down 175.26 points, SPX losing 18.35 points, and Nasdaq sliding 41.39 points.
Here’s how the market closed:
Techs were weak: INX2 (Internet) -1.78%; SOX (semiconductors) -2.81%; […]
December 5, 2007 – 6:49 pm
Yesterday, in my evening post, I said of SPX, “We’ll need to see some upwards movements soon to start turning the 20-day MA,” and of Nasdaq, “We’ll need to see Nasdaq close above the 20-day MA to feel more bullish.” Well, the market responded with both of those signals today (will discuss more later). […]
October 7, 2007 – 2:37 pm
HGX (housing)
I am finding HGX interesting because its has caught its daily upper BB and is pushing it higher. The daily MAs are starting to turn up also. Personally, I’m not looking for specific plays in this sector. However, I do think it is useful to keep an eye on how the […]
By HappyTrading
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Also posted in Uncategorized, GS, GENZ, GOOG, FXI, IMCL, BTK, AMAG, XLF, CMI, CELG, HGX, PCLN, PCP, MA, AMGN, ONXX, BSC, CEPH, OSIP, INX2, AMZN, NTGR, HHH, JASO, JCI, IR
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