Archive for August, 2008
Weekend Readings…
Market Whipsaw & Sarah Palin - By Peter Navarro @ Peter Navarro’s Blog
The U.S. stock market continues to be whipsawed by alternating bullish and bearish forces – with the bears (mostly) prevailing. Last week’s action underscored the importance of taking a macro view of the markets… [Read Full Article]
Dead Banks Walking - [...]
Winners: Financials; Losers: Commodities
Today the market had a big day even though the volume was tepid. Earlier this week, I had anticipated this up swing in the market before the coming holiday weekend.
Financials were the biggest winner of the day while commodities had a down day and nicely setting up to head south. I have highlighted [...]
Another Low Volume Trading Day…
Stocks see-sawed through a dull day as major indices ended the day in a positive territory. Total volume on the NYSE is ever decreasing while volume on the Nasdaq was a bit higher than seen in recent days. Market internals were positive with advancing issues edging over declining issues. But with volume so low, a [...]
Jim Cramer’s Fan: Watch This Seriously Funny Video
Stock Market Updates: Borrrrrrrrrrring Day
The indecision in the market and ridiculously low volume continues to puzzle many traders. Major indices had a flat day with nothing exciting showing up on the long side. The indices are basically in “no-man’s land”, trapped between near-term areas of support and resistance. But with big money out of the market until after the [...]
