I’m taking tomorrow off. Since the Nasdaq (and probably the NYSE) will be closed on Tuesday for President Ford’s funeral look for regular posting to resume Wednesday. I hope you all have a safe & happy new year. P.S. I have to make my usual, always accurate market prediction for the new year — Prices [...]
Posted by 28 December 2006
Watchlist for December 28, 2006
There’s a lot of data being released at 10 today and it’s shaping up to be another busy day for AAPL. On Today’s Calendar: 10:00 — Chicago PMI 10:00 — Consumer Confidence 10:00 — Existing Home Sales 10:30 — Crude Inventories More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential [...]
Posted by 27 December 2006
December 27, 2006 Stock Market Recap
Posted by 27 December 2006
Watchlist for December 27, 2006
I’m sure Apple Computer Inc. (AAPL) is on the top of traders’ lists today. It’s gapping down over 4% on high volume on news that it falsified stock option documents. If nothing else, it’ll be some welcome liquidity in this thin market. I’ll be watching how it acts at the November lows (77.79), which are [...]
Posted by 26 December 2006
December 26, 2006 Stock Market Recap
The market almost recouped all of Friday’s losses and managed to do that on even lighter volume than Friday’s low level. So it appears that the indices ae finding support right where they should — the Nasdaq at its 50-day moving average and the S&P at its July trendline. Trend Table No changes Trend Nasdaq [...]
