Written By: Teresa Appleton Stock Forum ID: Teresa
Thursday left a mixed close with very definitive volume. Nasdaq 100, Nasdaq Composite and Dow closed red on the highest volume we’ve seen this week to leave distribution days. The S&P 500 closed green by a hair and also on the highest volume we’ve seen this week. The [...]
Written By: Teresa Appleton Stock Forum ID: Teresa
Wednesday left us on a rocky road. Yes we closed the broader markets green, but there are a few problems to look at with this move today. Volume on the NYSE outpaced Tuesday’s to leave an accumulation day, it even outpaced Monday’s big surge in volume. [...]
Some stocks thus far today that are moving well ahead of the indices:
Manitowoc Co (MTW) – After bouncing intra-day off its $55.50 support line yesterday, the stock gapped up this morning and hasn’t looked back. MTW is up real time as of 10:42 AM EST at a new intra-day high of $58.59 putting the stock [...]
Written By: Teresa Appleton Stock Forum ID: Teresa
Tuesday light volume bounce to close the broader indexes green on the day. Green day was not accompanied with heavier volume than we saw yesterday, so it was not an accumulation day, but it was not bad volume by any means. Just yesterday’s volume was greater [...]
Written By: Teresa Appleton Stock Forum ID: Teresa
Monday brought the corrective move we’ve been waiting for. After last weeks of narrow range consolidation the market was very wound up and overbought. Today an expansive downside move came in across the broader markets on high volume leaving a distribution day. The market’s [...]
Shares of Ford Motor (F) have spiraled down after the company reported the loan of $18 Billion dollars to pay for short and mid term financial obligations and company operations. The stock is down almost $.40 or over 4% trading at a 3:37 PM EST real time last of $8.16. Volume is closing in on [...]
Wal-Mart (WMT) posted a decrease in same store sales today, something that hasn’t been seen in 10 years by the retail giant. The stock is down close to 3% as of 3:04 PM on volume of jsut over 18.5 million shares. The major point to note today is that the stock has traded through 200 [...]
Shares of Research in Motion (RIMM) are trading right at $135 support levels, and are already down nearly 6 points or 4.2% on the day. Volume is nearing 5 million fast, and if $135 falls looks for a retracement towards the $120s. Then take a look at the Intercontinental Exchange (ICE) and you will find [...]