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    Market Rallies strong off of Support Levels

    The Market opened up strongly today but quickly gave back those gains as the bears worked to close the gap on an intra-day basis (gaps are created from the market opening higher then the high of the previous day, and vice versa for when the market opens lower; these gaps typically are closed – meaning

    By |Published On: November 6, 2007|1 min read|
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    Chaos Continues to Rule the Day

    After a dismal start to the Futures market this morning the market opened down over one hundred points. However by the end of the day, the market was able to recoup all but 50 points in the Dow, fifteen in the NASDAQ and seven and a half in the S&P. The all important 1500 range

    By |Published On: November 5, 2007|1 min read|
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    Hardly a Bounce after Yesterday’s Action

    November 2, 2007 It was quite a seesaw type of day on the market today as the sell off that occurred yesterday seemed to have found some temporary footing. The market looked poised for a strong opening as it was reported the economy added 166,000 new jobs (twice as much as expected). This is one

    By |Published On: November 2, 2007|1 min read|
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    Market Anxiety Rules the Day!

    Well it looks like the market got a stomach ache from the candy it got from Halloween when it stopped by Bernanke’s house! All kidding aside the market got hammered to put it bluntly. With the Dow, NASDAQ , and S&P selling off 362, 64 and 41 points respectively. Which leaves the market poised for

    By |Published On: November 1, 2007|1 min read|
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    Fed Cuts, Mastercard Soars!

    With today being a day for “Trick or Treating”, The Shareplanner Team was able to be treated to an incredible earnings report from Mastercard which sent the stock soaring over $32/share to close at $189.91. The Federal Reserve also announced a quarter-point cut in the Fed Funds Rate and to the Discount Rate. Like we

    By |Published On: October 31, 2007|2 min read|
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    Investors Await Fed Decision

    While the Dow and S&P averages had moderate down days, the Nasdaq managed to break even on the day. Nothing is worrysome about todays action nor is it indicative of what looms tomorrow with the Fed decision due at 2:15pm. If you want to get the decision as soon as it comes out, there

    By |Published On: October 30, 2007|2 min read|
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    Fed Action Propels Today’s Action

    Today’s market action continues to be motivated by optimism that the market will see the Fed cut rates on Wednesday by ¼ point. In fact the rally in today’s market is very much similar to that of six weeks ago before the ½ point cut. Should Bernanke and Co. decide not to cut rates its

    By |Published On: October 29, 2007|1 min read|