Posted by 15 November 2006

November 15, 2006 Stock Market Recap

Again, it’s tough to argue with new highs. I almost hate to say anything even remotely bearish about this market — especially ahead of options expiration. And there’s really not much to say on the bearish side, except that the market is a bit extended in the short term. So I’ll just leave it at that.

And even the mighty Google made a shooting star after just barely missing the $500 level:

Trend Table

No changes

Trend Nasdaq S&P 500 Russell 2000
Primary Up Up Up
Intermediate Up Up Up
Short-term Up Up Up

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

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Comments

  1. Posted by Fuzz on November 15, 2006 at 7:46 pm

    This is about the CNN video about Zune below. How ironic is it that the vid requires MSFT’s crap browser to view. Talk about clunky!

  2. Posted by Michael on November 15, 2006 at 7:49 pm

    Fuzz,

    I was able to watch the video using FireFox.