Well I was half-joking this morning when I said that the real big event for the day would be Google’s earning’s report. Turns out that was definitely the case. The action in the broader market was muted today but things heated up in the after-hours session. GOOG is down about 63 points (only about 15%) [...]
Posted by 31 January 2006
Watchlist for January 31, 2006
The futures are basically flat this morning and I wouldn’t expect much out of the indices until after the Fed decision at 2:15. But the real big event will be GOOG’s earnings report after hours! And speaking of Google, these GOOG for Napster rumors have launched NAPS into orbit. I wonder if it can get [...]
Posted by 30 January 2006
Watchlist for January 30, 2006
It’s relatively quiet this morning. The futures are just a bit above fair value and there are less gappers than we’ve had the last several days. (And AAPL is selling off again!) A couple of Cramer’s Mad Money mentions from Friday are toward the top of the % gainers list this monring. Isn’t that just [...]
Posted by 29 January 2006
January 27, 2006 Stock Market Recap
I was surprised to see so many bearish candlesticks made on Friday given the strength in the indices. (You can see how many more bearish patterns were made Friday.) Maybe it was just people getting flat ahead of Tuesday’s Fed decision. I won’t be surprised if trading is somewhat muted tomorrow as traders keep their [...]
Posted by 27 January 2006
Watchlist for January 27, 2006
You guessed it, another gap up this morning. This time the QQQQ is above yesterday’s high (41.68) and its 50-day moving average (41.69). The Qs have actually dropped a bit after the 8:30 economic numbers and now appear to be heading for a test of support. So I’m looking for them to bounce off of [...]
