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Category Archives: OSTK


Markets Spooked By Europe! SPX, Nasdaq, GOOG, BIDU, AAPL, AMZN, WLT, CLF, ANR, BTU, MA, OSTK

In my Market Forecast this weekend, I said, "…upside moves could be limited…. If the 30-day MA is broken, SPX could easily come down to test 1170."  SPX indeed tested 1170 today and closed just above.  Yesterday, we saw the market bounced higher on better economic numbers.  Today, the market slumped much lower on renewed […]

Market Wobbles After Economic Data: SPX, Nasdaq, DO, RIG, GOLD, ABX, RGLD, OSTK, RIMM, LIHR

The market started the day on the weak side with a weaker-than-expected ADP payroll report.  However, oil and gold rose, as the dollar slipped.  The commodity sectors kept the market from falling too much.  Oil Services were very strong.  DO bounced +3.98% while RIG added +3.86%.  Gold miners also advanced:  GOLD +3.42%, ABX +1.54%, RGLD +1.56%.
During the day, OSTK […]

Financials And Oils Still Pressuring The Market: SPX, Nasdaq, FDX, GS, XME, CNX, PCX, ANR, BTU, MEE, OSTK

The market started out weak, with FDX delivering disappointing earnings and forward guidance. After the oil inventories came out, crude oil price started to rise and added more pressure on the market. The financials continued to be weak, although GS was able to add +1.86%.
The metals and mining sector was hot, led by […]

Review 10/1/07: SPX, Nasdaq, OSTK, PDLI, CME, ICE, NYX, NMX, NDAQ

That was a nice way to start the week, the month, and the new quarter!! In my Market Forecast this weekend, I said, “The overall market situation is perhaps better than I had thought. The sideways-trading this week has allowed the market to vent without losing any altitude, and in fact, it gained a […]