Options Expiration provides the volume as stocks SOAR!
Quote from finance.yahoo.com’s main page! ***From the AP***
“Dow Hits New Record High
AP - Stocks surged higher Friday as another round of corporate takeovers prodded investors to continue a largely uninterrupted months-long buying streak. The Dow Jones industrial average registered its 24th record close this year and the Standard & Poor’s 500 index came within […]
Volume picking up as the Stock Market seeing nice gains!
An upbeat consumer confidence number from the University of Michigan and the latest M&A activity.
Looking for the markets to end strong!
Aloha,
Market Speculator
Stocks are looking tired
Today gave us good news and bad news. First, let’s tee up the bad news. Stocks finished lower on the day keeping in the most recent trend. Good news, volume didn’t follow as it came in lower in the day. Sheesh, can we get more boring? The VIX index is […]
Stocks move higher close on highs of the day
A decent day of price gains for the market. It was nice to see all the indexes move higher after Monday and Tuesday distribution. We did see the NASDAQ finally show some strength relative to the S&P500. One caveat remains, volume action. Stocks can not muster volume to support today’s move. […]
Real GDP, great article
http://www.financialsense.com/editorials/kasriel/2007/0514.html
Aloha,
Market Speculator
Dow Jones Industrials closes at an all time high as NASDAQ notches its 4th distribution day
Stocks were slightly higher in the morning as a tame inflation data appeased Wall Street. CPI YoY came in at 2.6%, although higher than the FOMC’s comfort level but below previous readings. The NASDAQ couldn’t hold the morning gains after lunch time. By the end of the day the NASDAQ was down […]
Dow Jones Industrials closes at an all time high as NASDAQ notches its 4th distribution day
Commentary before the opening bell.
Aloha and good night,
Market Speculator
Third Distribution day for the NASDAQ as the Stock Market loses steam ahead of inflation data
Volume certainly was running hot this morning. The Dow Jones Industrial average did all its can today to keep the market above the water. Throughout the day the only bright spot was a private equity group was willing to purchase Dailmer Chrysler. Selling gripped Wall Street much of the afternoon as volume […]
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