March 4, 2008 Déjà Vu….Like yesterday, a flurry of late afternoon buying brought the markets off their lows, and we managed to close the day with a small loss in the S&P and a negligible gain in the NASDAQ. Stocks were weak throughout the morning Tuesday as a result of comments from Fed Chairman Bernanke and
February 6, 2008 The day looked as if we were going to get one of those reflex bounces and recover some of the losses from the previous two sessions. However, investors were just too nervous to commit any extra of their capital to sustain this rally, and as a result, a perfect opportunity was formed
If you’re like a lot of investors out there, you are about ready to throw in the towel on this market. Today was a wild ride no doubt, with a lot of news affecting its outcome. First CSCO practically took down the entire NASDAQ singlehandedly on news of weakening demand among its major customers
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