Feb. 1, 2007 Stock Market Recap

We got some good follow-through on yesterday’s rally in the S&P 500, Dow and Russell 2000. But the Nasdaq and especially the Nasdaq-100 ($NDX, QQQQ) had a a much tougher time. I guess that’s not surprising given the kind of days that Google & Dell had. (Charts of both of those stocks are below.)

What Now Bears?

I’m hijacking Duru’s latest market missive. Enjoy: Ever since the market made calamitous bottoms in July and October of 2002 and March of 2003, the bears have been licking their chops in anticipation of some kind of mother of all crashes. They have been looking for a grand finale to validate their opinions on various [...]