All Entries in the "Market Commentary" Category
Video Review of the Indexes 3-7-2010
The major averages tacked on more gains last week as they cleared the February highs and kept on cruising. The NAZ made its way to a new 52-week high, although the senior indexes have not yet followed.
Video Review of the Indexes 2-21-2010
With only 4 days of trading last week after the Monday holiday, the bulls had to make it count - and they did. They went undefeated on the week with across-the-board gains each day, reclaiming some important levels in the process. But with light volume on the way up, the rally is not without its [...]
Video Review of the Indexes 2-7-2010
Last week proved to be an eventful one, although you wouldn’t know it from the net changes in the indexes from the prior week. What started out as a relief rally quickly turned into another nightmare selloff for the bulls, before a late surge Friday erased much of the damage.
Video Review of the Indexes 1-31-2010
Following an initial pullback from the January highs, no bounce was produced last week with the dip-buyers failing to appear. The group which has been so responsible for upside follow through since the market turned higher in March of 2009 suddenly disappeared, and stocks have been declining steadily for a couple of weeks now.
Key levels [...]
Video Review of the Indexes 1-24-2010
Last week we saw the market closed on Monday, making for a holiday-shortened week of trading. That certainly didn’t translate into quiet action, as traders made every day count.
Tuesday’s upside tested resistance, but without a breakout. From there, the sellers took control, raising cash more and more aggressively as the week progressed. In the end, [...]
Video Review of the Indexes 1-18-2010
The bulls maintained their overall control last week, although they did allow the market to slip a little. The NAZ led the downside, but no key technical breaches occurred.
Video Review of the Indexes 1-10-2010
The New Year is underway, and it has started just like 2009 ended - with strength.
