The bulls supposedly didn’t get all that it wanted from the Federal Reserve today but you’d never know that by looking at the charts. Technology & the Nasdaq continue to lead the market higher, with the Naz making a new high today. That new high even came on strong volume for a change. The S&P [...]
Posted by 29 October 2007
Watchlist for October 29, 2007
Posted by 26 October 2007
Watchlist for October 26, 2007
The S&P 500 and Dow bounced off of their 50-day moving averages again yesterday. We’re set for a gap up this morning, so it looks like we’ll finally get some follow-through from all these 50 DMA tests. On Today’s Calendar: 10:00 — Mich Sentiment-Rev. More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO [...]
Posted by 25 October 2007
Watchlist for October 25, 2007
The bulls had an impressive showing yesterday as they were able to reverse what was looking like a really bad selloff. The S&P 500 and Dow both rebounded over their 50-day moving averages for at least the second time this week. Those levels bear (no pun) watching. On Today’s Calendar: 10:00 — New Home Sales [...]
Posted by 24 October 2007
Watchlist for October 24, 2007
Ya gotta love these alternating gaps during earnings season. I’m reminded of why I used to skip the heart of the season when I was swing trading. Chop, chop… On Today’s Calendar: 10:00 — Existing Home Sales 10:30 — Crude Inventories More Calendars: U.S. Earnings | Conf. Calls | Surprises | IPO | Economic Potential [...]
