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Category Archives: JWN

Market Stalls After 3-Day Rally: SPX, Nasdaq, NFLX, BIDU, BG, POT, CF, MOS, KSS, SHLD, JWN

The market certain had an impressive 3-day rally.  Since Monday’s big jump (Dow +405 points) on Europe’s rescue package, the market continued to push higher.  We saw many of the recent market leaders make new highs.  For example, NFLX traded as high as $119.5 on rumors of being a buyout target for AMZN.  Just last [...]

Review 11/19/07: SPX, Nasdaq, DISH, AMZN, HPQ, JWN

Hello! I’m writing to you from Lake Tahoe, taking a little semi-vacation for Thanksgiving. High volatility seems to be the norm these days. A “happy” member had a pretty good description for the market today: “This market = a chicken running around with its head cut off” – Conceivable The market started the day sloping [...]