December 20, 2007 – 6:17 pm
Very nice actions today! The market woke up, especially the techs! We have positioned ourselves well since earlier this week, and, were able to profit from the jump today!
The Dow was up +38.37 points; SPX gained +7.12 points; and Nasdaq jumped +39.85 points!
Let’s see how the market looked at the close:
The techs […]
December 19, 2007 – 4:55 pm
Another choppy day, as the market tried to extend yesterday’s turn-around bounce. The market started out high, drifted lower, and finished nearly flat. The Dow slipped 25.20 points; SPX slid 1.98; Nasdaq was stronger for a change, a “change” of almost +5 points!
Let’s see how the market looked at the close:
INX2 (Internet), SOX […]
December 13, 2007 – 8:41 pm
Another volatile day, another closing rally! The market struggled all day but really picked up momentum with 1 hour left in the trading. Yesterday, I said, “We’ll need to see SPX back above 1500 to feel more bullish, but, staying above the 10-day MA is a positive sign.” The broader market did […]
September 4, 2007 – 6:27 pm
After a long weekend’s rest, the bulls continue to charge! The Dow added +91.12 points, while SPX added +15.43. But, the real buying was in the techs! Nasdaq gained another +33.88 points on top of Friday’s +31-point gain!
Most sectors were green with semiconductors (SOX), biotechs (BTK), and the Internets (INX2) capturing solid […]