Jon asks - “Dear Nick, I have read that this rally is on low volume, is that so?”There are a few different ways you can gauge volume…(Read More)
Posted on October 3rd, 2007 by
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We head into the second half of the session with the broad market indices showing slight losses…The intraday chart of the S&P 500 (SPX) shows the index has ticked to a new low for the session but the overall loss is still tiny…(Read More)
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Posted on October 3rd, 2007 by
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One of the stocks hitting a new annual high today is Ciena Corporation (CIEN)…(Read More)
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The opening bell has rung and here is what I see…The pre-open futures action was flat and that trend has continued in the regular session…at least in terms of the broad market action…(Read More)
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Posted on October 3rd, 2007 by
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Here are some of the contenders for today’s biggest…news…of…the…day… The buyout of Commerce Bancorp (CBH) by TD Bank Financial Group (TD)…A disappointing earnings report from Palm Inc…(Read More)
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We head toward the bell with stock futures still showing a slight upside bias…the S&Ps are two points above fair value…gold is down 14.30…Here are a few of the analyst upgrades and downgrades that I thought were worth noting this morning…Upgrades Forest Labs (FRX) The Medicines Co (MDCO) PDL BioPharma (PDLI) ProLogis (PLD) UBS AG (UBS)Downgrades Biogen Idec (BIIB) Citigroup (C) CBS Corp […]
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Here are the results for today’s unusual stock volume scan. The scan looks at the previous day’s volume and compares it to the recent average volume…(Read More)
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Good morning everyone - welcome to the second day of this trading week where we find stock futures showing a very slight upside after yesterday’s rally…The S&Ps are a point and a half above fair value…(Read More)
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