Tag Archive

[Chart courtesy of MarketWatch.com] Moving the markets After three days of losses, the major indexes found some footing which, despite some ups and downs, provided enough upward momentum to ensure a green close. For a change, the Nasdaq led the way with a solid, yet long overdue rebound of 1.77%. On the economic front, we learned that first-time claims for …

[Chart courtesy of MarketWatch.com] Moving the markets Following yesterday’s plunge into the close, the bulls found no reason to support the major indexes at the opening today, as they handed the baton to the bears. Despite dip buyers stepping up to the plate late in the day, there was simply not enough motivation present to drive the indexes back into …

[Chart courtesy of MarketWatch.com] Moving the markets Despite desperate attempts to cling to the unchanged line, bearish forces proved too overwhelming today and pulled the major indexes into the red. This was especially disappointing for the Nasdaq, which had sported a solid rally early on but lost upward momentum and ended up diving into the close. Despite better-than-expected earnings from …

[Chart courtesy of MarketWatch.com] Moving the markets Last week was a roller coaster ride with the S&P 500 dropping some 4% in the first three trading days but making up most of it during the last two and ending down only 1.4%. The Nasdaq fared the worst and continued this trend this morning by leading the other two major indexes …