Stock Market Summary 18.01.12
Yesterday’s market action was neutral.
Even though we did see professional accumulation on the Nasdaq we did see the indexes and some sectors reversing course as they hit key resistance levels.
Stock Market Summary 17.01.12
There will be no DMU today due to the markets being closed in observance of Martin Luther King Jr Day.
The next DMU will arrive tomorrow as normal.
Stock Market Summary 14.01.12
Yesterday’s market action was positive.
Although all the indexes lost ground, when we take a look at the volume we find it coming in below average, that’s what we class as a healthy pullback.
Another positive was…
Stock Market Summary 13.01.12
Yesterday’s market action was positive.
After heading south for the first 90 minutes it was good to see the Nasdaq leading the other indexes higher after experiencing another bullish intraday reversal.
Another positive was…
Stock Market Summary 12.01.12
Yesterday’s market action was positive.
The good news is although the indexes didn’t make much ground, they did all experience bullish intraday reversals.
Another good sign…
