Nasdaq leads market in reversal on the 5 year anniversary of 9/11
Stocks fell hard in the morning as the nation remembered the victims and the heroes of September 11. Nasdaq fell as much as .63% in the morning. Stocks managed to gain momentum just after noon time. Volume ran higher than Friday a good sign for bulls. Bulls […]
Stocks fall on heavier trade…showing September weakness.
Starting on the first Friday of the month the market started to show signs of being tired. The most recent rally was on much lower volume as it progressed volume subsided. Although stocks showed resiliency Tuesday, sellers came in and unloaded. Wednesday and Thursday gave us our first […]
Was that a collective yawn or a deep breathe by the markets?
Holiday, vacation didn’t phase the market to move higher. S&P 500 moved higher by 1.2%, Nasdaq was up 2.5%, NYSE composite index added 1.4%. Volume on the Nasdaq and NYSE composite ended 7.8% and 6.6% higher than previous week. Don’t get all excited, this was below 50dma. […]
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