Yesterday, in my evening post, I said, “We need to see VIX back below $20 to feel more comfortable. The market major indices do still show bullish formations with their MAs. So, I’ll wait patiently with lots of cash on the sideline.” The market opened with a positive tone today, and, VIX quickly went […]
By HappyTrading
|
Also posted in Uncategorized, SMH, Nasdaq, IMCL, SPX, BMRN, CELG, AMGN, TXN, ADI, ALTR, XLNX, TEVA, PRGO, GILD
|
The market was stronger today, boosted by a rally in the biotech sector. The agricultural stocks also continued to show strength. In addition, steel stocks displayed solid performances.
The Dow was up +54.72 points; SPX added +6.06 points; and Nasdaq gained +29.58 points.
Here’s how the market looked at the […]
Finally, this crazy 1st quarter came to an end! The market was still very volatile today. Certain fast movers had pretty bigger swings. But, overall, the market managed to keep a positive tone. The financial sector recorded modest gains and was good for the market.
The Dow closed up +46.49 points; SPX […]
February 3, 2008 – 4:23 pm
It’s SuperBowl Sunday!!
Hope you’re having some exciting and crazy fun!!
The market finished strongly last week, ending Friday with the Dow up +92.83 points, SPX adding +16.87 points, and Nasdaq gaining +23.50 points.
SPX
SPX closed at 1395.42. It closed above the 1375 level, its 10-day MA, and its 20-day MA. The 10-day MA and the […]