We are an hour into the session and here’s what I see… Click here for symbol descriptions The day started with the broad market indices popping but we have seen a pullback in the last half hour…(Read More)
Monthly Archives: February 2008
The! Biggest! News! of! the! Day! – Not First Solar Inc, E-Trade Financial Corporation, Apple, Starbucks, or Superweeds
Here are some of the contenders for today’s biggest…news…of…the…day… Unexpected strength in retail sales…[note - stock futures popped on this news and now sit 11 points above fair value...]Better-than-expected earnings from First Solar, Inc…(Read More)
Stocks Showing Unusually Heavy Volume – World Wrestling Ent, BioMarin Pharma,
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)
Futures Bounce Back, First Solar Crushes Estimates
Good morning everyone – welcome to the mid-point of this trading week where we find stock futures trying to bounce back after yesterday’s “lacklusterness”…(Read More)
Daily Wrap-up – Momentum Fades Into the Close
The day started strong but the finish was a bit lackluster.. Chart Courtesy of Thomson Financial Index Index Value Point Change Percent Change S&P 500 (SPX) 1348.9 9.7 points 0.73 percent Dow Jones Industrial Average (DJIA) 12373.4 133 points 1.09 percent Nasdaq Composite (COMP) 2320.0 0.0 points 0.00 percent Russell 2000 (RUT) 705.5 5.7 points 0.82 percent CBOE Market Volatility Index (VIX) 26.32 -1.28 points -4.6 percent Click here for symbol descriptions The Dow still managed to close with the “triple-digit” gains that the media loves to note but we did have an afternoon pullback…(Read More)
Midday Market Check – 200 Points for the Dow Jones Industrial Average
We head into the second half of the session with the market showing some gains… Chart Courtesy of Thomson Financial Click here for symbol descriptionsAs Elizabeth Harrow detailed, a bond-insurer bailout plan from Warren Buffett seems to be giving the market a shot in the arm as the Dow Jones Industrial Average (DJIA) tacks on 200 points…(Read More)
Looking Into China Natural Resources Inc. (CHNR)
China Natural Resources Inc. (CHNR) is a stock that has shown extremely volatility in the last few months…(Read More)