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Category Archives: LEH


Techs Rally While Oil Slides: SPX, Nasdaq, LEH, GS, RIMM, ENER, SPWR, AMAT

The market was mixed today, with techs rallying higher. LEH reported a quarterly loss of nearly $3 billion, but, the news was already out last week. LEH shares rebounded +5.39% today, as there were no bad suprises. GS traded as high as $184.75 from Friday’s close of $178.29, and finished at $182.09. […]

Market Clearing The Bar! SPX, Nasdaq, LEH, GS, GOOG, BIDU, ISRG, IBM, CSCO, HPQ, BRCM, QCOM

This weekend, in my Market Forecast, I said,
“For the new week, I think the market is in a good position to continue what it started early last week. We’ll again be watching to see if the market can rally above SPX 1340 and Nasdaq 2300. If it does, the important thing this week is for […]

Fed’s Rate Cut Pole-Vaults Market: SPX, Nasdaq, GS, LEH, GOOG, CME, ICE

The Fed slashed the interest rate by another 3/4 point! The market was already up in the morning on better-than-expected earnings from GS and LEH. After the Fed’s rate cut announcement, the market pole-vaulted to its biggest one-day gain since 2002 (even though, just yesterday, the market was still hanging up-side-down)!
Many of our […]

Waiting For The Fed: SPX, Nasdaq, JPM, BSC, LEH, UBS, GS, SKF

The market was very volatile today. It opened lower but started to recover immediately. It then dropped again in late morning and went below the opening low. But, after lunch, it started to come back up.
The Dow ended up +21.16 points; SPX was down 11.54 points; and Nasdaq fell 35.48 points.
Here’s how […]