All Entries in the "Stocks" Category
The week that was
After a crazy week at the markets, a much-needed weekend break is upon us. Next week will be a full week of trading, but I am assuming volume may be light Thursday and Friday heading into the Memorial Day Holiday weekend. The chart below illustrates the SPX for the past month, and as you will [...]
200 day ma = broken
Wow, what a day in the markets. The S&P 500 was down 3.9% today, to 1071.59, closing below the 200 day moving average. This does not look very promising at all and the next item of contention is testing the previous 2010 lows from February at around the 1060′s in terms of closing price. Chart [...]
XLF, FAS and an Investment Club
U.S. stocks fell Wednesday as Germany’s move to ban some naked short-selling fueled a fresh wave of worry about financial regulation. Additionally, the mortgage crisis is dragging on the economic recovery as more homeowners fall behind on their payments. Stocks may be threatening to break down, however many people think that this may be a [...]
SPY, FAZ and more
The major market averages had a difficult time today, starting out positive but then selling off for the remainder of the day, all ending lower. Dow 10,510.95 -114.88 -1.08% Nasdaq 2,317.26 -36.97 -1.57% S&P 500 1,120.80 -16.14 -1.42% As referenced by the SPY ETF chart below, we are still under the ATR buy signal and [...]
Android vs. iPhone…Google vs. Apple…Schmidt vs. Jobs…
All I want is the truth…..YOU CAN’T HANDLE THE TRUTH! A few good men….great movie. But, what I am really after here is whether or not the Android truly surpassed the iPhone in terms of sales in the United States. I think the Android system has a great thing going, but I cannot imagine it [...]
Tuesday Market Results and Blog Profile of the Day…
Good evening. The indexes were primarily lower today, with the Russell being one of the only major indexes to find positive ground. Dow 10748.26 -36.88 -0.34% S&P 500 1155.79 -3.94 -0.34% Russell 695.48 +5.87 +0.85% NYSE 7221.66 -35.96 -0.50% Blog Profile of the Day: CrossingWallStreet is a financial blog that has been around since [...]
Monday Bounce Back
Biggest rebound in over a year puts equities positive again for 2010. S&P 500 +4.4% Nasdaq +4.8% Dow +3.9% Well so much for the doom-and-gloom Black Monday talks, investors came roaring out this morning after Europe and the IMF agreed on a $1 trillion emergency rescue fund to stabilize the world financial markets and [...]
What in the hell…
…happened today? I wasn’t really hawking the markets today since I had quite a busy workday, but at one point the Dow(.DJIA) was down 1,000 points. Did this occur because f European debt issues, or a trader error? CNBC is alleging that its sources say that a trade from one of the world’s largest investment [...]
