Stock Market Summary 18.10.11
Yesterday’s market action was positive.
This may surprise you especially with all the indexes taking big hits and volume increasing from the previous days. Plus the indexes finished the day close to their lows indicating more possible downside to come. But…
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Stock Market Summary 15.10.11
The Nasdaq and 600 both made exceptional gains but volume came in on the low side. Even though it’s always nice to see the market rise, it raises a flag when volume is subpar because it means a lack of institutional demand for stocks. From here, I’d like to see…
Stock Market Summary 14.10.11
Yesterday’s market action was positive.
The indexes delivered mixed action with the best behaviour coming from tech related indexes. The Nasdaq Composite and its big brother the Nasdaq 100 did best. The Nasdaq added 0.6% and the 100 tacked on 0.9% helping it to close at 2326. That’s the Nasdaq 100’s…
Stock Market Summary 13.10.11
Yesterday’s market action was neutral.
Starting with the positives, the S&P 600 experienced a day seven follow through albeit it was far from textbook perfect. It gained 1.6% instead of the benchmark 1.7% or greater. Even though trading volume increased on the 600, it was still below average. Ideally…
