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Posts Tagged ‘Nasdaq’

NASDAQ Analysis

Posted Mar 29 2012

(2756,00) The NASDAQ confirmed a weak closing last night after a small negative day reversal the session before. A daily closing tonight below 2749 will confirm a s/t top supporting further weakness, probably even an
important correction. Continue Reading…

US Market Summary

Posted Mar 23 2012

U.S. stocks rose Friday, but for the week, the Dow fell 1.2%, and the S&P 500 declined 0.5%, as investors shifted their focus to slowing growth in China. The Dow Jones Industrial Average added 34.59 points, or 0.27%, to 13080.73. The S&P 500 climbed 4.33 points, or 0.31%, to 1397.11. Continue Reading…

US Market Summary

Posted Mar 22 2012

Stocks fell Thursday after weak economic signals from the euro zone and China raised fresh concerns about slowing global growth. The Dow Jones Industrial Average declined 78.48 points, or 0.6%, to finish at 13046.14. S&P 500 shed 10.11 points, or 0.72%, to 1392.78. Continue Reading…

US Market: Summary

Posted Feb 18 2012

The Dow Jones Industrial Average pushed higher for the second day after European leaders signaled progress toward an agreement on a second bailout for Greece. The Dow and S&P 500 stock indexes made runs at multi year milestones, but a late rally lost momentum ahead of the long, holiday weekend. Continue Reading…

Technical Analysis : Dow: the expanding triangle case

Posted Feb 13 2012

The bear market rally is testing our Elliott Wave analysis limits. New post-2011 highs in the Dow last week cause us to be cognisant of an alternative scenario which would see the bull-run continue. The weight of technical evidence though still suggests that a multi-month outright bullish case is a low probability. Continue Reading…

US Market: Stock Preview

Posted Feb 7 2012

Among the companies whose shares are expected to actively trade in Tuesday’s session are Coca-Cola Co. (KO), Yum Brands Inc. (YUM) and Becton Dickinson & Co. (BDX). Continue Reading…

US Market: Stock Preview

Posted Feb 6 2012

U.S. stock futures dropped on Monday, as party leaders in Greece struggled to agree on another dose of painful austerity measures, with the threat of default looming large once again. Futures on the Dow Jones fell 39 points to 12,754 and those on the S&P 500 stock index dropped 5.80 points to 1,333.3. Continue Reading…

US Stocks Mixed

Posted Feb 2 2012

U.S. stocks pushed sideways as investors weighed a better-than-expected reading on weekly jobless claims against a mixed bag of quarterly earnings, and waited for a glimpse at labor market conditions Friday. Continue Reading…

US Stocks Rise

Posted Feb 1 2012

U.S. stocks advanced as solid manufacturing reports around the world bolstered investor confidence. The Dow Jones climbed 133 points, or 1.1%, to 12766 in midday trade, a day after key domestic indexes notched their strongest January gains in more than a decade. Continue Reading…

US Stocks Fall After Consumer Confidence Report

Posted Jan 31 2012

US stocks fell after a weak reading on U.S. consumer confidence trumped early enthusiasm for a European Union pact to tighten fiscal ties. The Dow Jones declined 75 points, or 0.6%, to 12578 in midday trade . The S&P 500 fell 5 points, or 0.4%, to 1308 and the Nasdaq declined 10 points, or 0.4%, to 2802. Continue Reading…

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