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Category Archives: JOYG


A Positive Reversal For A Change! SPX, Nasdaq, GOOG, BIDU, CME, MA, JOYG, BUCY, POT, CF, MOS, MON

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The market gapped down at the open today.  Jobless claims and trade deficit data did not seem encouraging.  But, after the spike down, buyers steadily came in.  Both SPX and Nasdaq basically tested the July lows.  Most sectors reversed their morning losses and ended the day with solid gains.  […]

Fed To The Rescue! SPX, Nasdaq, GOOG, BIDU, CAT, JOYG, BUCY

Wow, “what a difference a day makes!” It’s Fed to the rescue! $200 billion of liquidity to be pumped into the financial markets! Guess Simon & Garfunkel were right: when you “slip sliding away”, you’re almost there!
The market opened strong, dozed off until after lunch, and closed with a roaring freight train! […]

Breaking Support? SPX, Nasdaq, JOYG, BUCY, MRVL, NSM

A slew of negative news put additional pressure on the market today. More problems in the wake of credit concerns revealed themselves in Thornburg Mortgage Inc. (TMA). Further, news about Carlyle Capital Corp Ltd, an European firm that invests in mortgage-backed securities, not meeting margin call requirements spooked investors about mortgage REITs. […]

Review 2/4/08: SPX, Nasdaq, JOYG, BUCY, SIRF, SOHU, CME, NYX, NMX, ICE

The market spent its time today letting off some steam. It held up well, with techs being a little weaker. This weekend, in my Market Forecast, I said,
“For the new week, I think the market could feel the need to vent. How the market handles the venting will be very important. …If the […]