Archive for November, 2009
Stock Market Update: Housing Woes Continues…
Bad news for housing sector continues as the market tries to find a footing near the new highs. There hasn’t been much going on in the market lately to make it more interesting. It has been a chop-fest at its best. I think the market will exhibit some kind of uptrend heading into the seasonal [...]
Stock Market Update: Bulls In Control…
After the follow-through day on Monday, the market seems to be digesting those big gains from last week by resting here as volume decreases. The follow-through day marks the end of downtrend and confirms the market in uptrend. This doesn’t mean that you go out and start buying stocks randomly. It’s just an indicator that [...]
Stock Market At A Glance - Inching Higher On Lower Volume
Market is trending higher on lower and lower volume after big volume breakdown below key support levels of 50 DMA. Even the news that Warren Buffet’s Berkshire Hathaway (BRK.A) will be acquiring Burlington Northern Santa Fe (BNI), the nation’s second-largest railroad for a record $34 billion could not bring cheers to the market.
Index
Close
Change
% Change
Trend
Dow Jones
9771.91
-17.53
-0.18%
DOWN
S&P [...]
