Posted on May 14th, 2007 by TraderX
Overall markets are somewhat negative today. The broader market is loosing steam as the trading day goes on. The S&P 500 and NASDAQ are among the index losers. The Dow remains stronger about unchanged for the day so far.
Last week was interesting as we witnessed a 150 point sell off in the Dow and a […]
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Filed under: Economy & Markets, Market Sentiment
Posted on April 25th, 2007 by TraderX
We are in euphoric mode on Wall St. Stocks are once again flying high, adding billions of market cap in mere seconds on better than expected earnings. Dow has hit a record 13,000 and then some, S&P 500 is at newly minted highs. Global markets seem to be on fire, investors cant seem to get […]
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Filed under: Market Sentiment, Stocks
Posted on April 16th, 2007 by TraderX
Wall Street appears to be at it again. The markets are rallying today with more than a 1% advance. Global markets are also on fire, many hitting new all time highs. Have we seen this before? The question to that answer is of course—yes.
US markets are now above post February 27th levels when the markets […]
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Filed under: Market Sentiment, Stocks
Posted on March 1st, 2007 by TraderX
Now that the major market averages have corrected about 3.5%, is the market finally settling out? I think not. Before Tuesday’s market plunge we were in a sweet spot in both the stock market and the economy. Global markets were hitting highs, and some even historical highs, with the US (Dow) among them. None of […]
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Filed under: Market Sentiment, Stocks