It looked like the bulls were going to stage a rally this afternoon but that attempt got squashed just as quickly as it started. The result was more than 2% losses on both the S&P 500 and Nasdaq. Still, the mid-day bounce is encouraging since it shows that people are at least attempting to defend [...]
Posted by 12 November 2007
November 9th Recap and ChartFest
Note: I have an appointment in the morning so there won’t be watchlist for Monday. Obviously last week was bad for the bulls. There was a lot of technical damage done on higher than average volume. The usual index charts are below along with a bunch of individual stock charts. Sorry that i couldn’t get [...]
Posted by 31 May 2007
May 31, 2007 Stock Market Recap
The indices were mixed today. Small caps and tech closed higher while the larger caps were basically flat. Volume increased across the board and I’m pretty sure that can be attributed to month-end markups games activity. Trading was choppy during the day and my guess is that’s partially due to some profit taking combined with [...]
Posted by 17 February 2007
Google’s Feed Reader Market Share is Huge
A lot of bloggers who use FeedBurner got a nice surprise this morning. One of the great features of FeedBurner is the stats they provide on the number of readers of a given RSS feed. The only problem is that for web-based newsreaders/aggregators they rely upon those services to report the number of actual subscribers [...]
Posted by 12 February 2007
Feb. 12, 2007 Stock Market Recap
It was a relatively quiet day today as the indices dropped a little in lighter volume. The most critical technical item I see is the S&P 500 testing its July trendline. Buyers have been stepping up on these trendline tests since autumn and I fully expect them to give it another try right in this [...]
