Stock Market Summary 06.10.11
Yesterday’s market action was positive.
It was another day of aggressive institutional buying. The Nasdaq gained 2.3% on heavy volume and the S&P 600 jumped 1.2%. The Nasdaq Composites big brother did best surging 2.5% and for now remains the index to watch.
Not only did the main indexes behave well…
Stock Market Summary 05.10.11
Yesterday’s market action was positive.
After having been down as much as 1.6% intraday, the Nasdaq surged over 100 points in the last forty minutes of the trading day helping it to finish with…
Stock Market Summary 04.10.11
Yesterday’s market action was negative.
Monday’s activity was far from ideal, for one all the indexes fell hard plus trading volume was above average suggesting institutional selling. Another negative was…
Stock Market Summary 01.10.11
Yesterday’s market action was neutral.
My stance may surprise you because on the surface , it looked horrible. All the indexes took big hits and ended the day on their lows indicating the possibility of more downside to come.
On paper this does not look good but…
Stock Market Summary 30.09.11
Yesterday’s market action was negative.
The Nasdaq gapped up at the open only then to reverse course and start heading south. This has been a common occurrence of late and is not…
