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Category Archives: JDSU

Market Tests SPX 1100 Again! SPX, Nasdaq, HPQ, COMS, JDSU, BRCD, BRCM, JNPR, IBM, CSCO, CTRP, GLD, GOOG

On Monday, in my evening article, I said, "The market had a really strong day today and we could see some profit-taking tomorrow.  SPX 1100 could be tested, but, I think we might need a couple of more days before breaking above that level." Isn’t it funny how a couple of sentences can sum up the market [...]

Review 2/5/08: SPX, Nasdaq, CME, NYX, JDSU, RTP, BHP

The market’s downward momentum accelerated drastically today by the low ISM number, stirring more economic concerns. The market could not hold its 10-day MA and it slid continuously until the close. The Dow was down 370.03 points; SPX fell 44.18 points; and Nasdaq tumbled 73.28 points. Most sectors were lower today: VIX jumped +8.66%. Techs [...]