Posted on November 27, 2006 at 1:24 pm
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 [...]
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Posted on November 27, 2006 at 1:08 pm
After running up to nearly $97 a share, Las Vegas Sands (LVS) has given back every penny of gains, and now is in the red on the day. Real time LVS is trading at a last of $92.21 on volume of nearly 3.5 million shares. Today is a perfect example of a market leaning on [...]
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Posted on November 27, 2006 at 12:55 pm
Take a gander at Baidu.com (BIDU) and you will find the stock down over 5.5%, or down about 6.5 points. This is just one of many big leaders from the last few months stumbling to new intra-day lows. BIDU has traded over 1.5 million shares thus far, and is well on its way to a [...]
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Posted on November 27, 2006 at 11:06 am
Keep a close eye on these stocks and other market leaders thus far today as they have struggled and are slipping to new intra-day lows:
Google (GOOG) is trading right in its $493ish support area, and thus far has held up. I would walk away short term if it falls and closes under $492 on distribution [...]
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Posted on November 27, 2006 at 11:01 am
Be careful today, the market is selling off fairly nicely thus far, and has showed no signs of bottoming out. Real time the NASDAQ is off some 30 points, the Dow down 95, and the S&P500 down just over 9. The biggest loser so far is the NASDAQ, down just over 1.2%.
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Posted on November 26, 2006 at 5:41 pm
Written By: Teresa Appleton Stock Forum ID: Teresa
Friday closed the partial week of trading and left us with the lowest volume week of the year on the NYSE and the second lowest on the Nasdaq. Friday closed down across the major indexes, but the week closed mixed. Nasdaq 100 and Nasdaq Composite closed the week [...]
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Posted on November 24, 2006 at 10:39 am
Take a look at Streettracks Gold Trust (GLD) because it has gapped this morning past $63 resistance and is currently trading in the $63.40s. Volume on the fund is already well over 5 million, and this means good things for gold stocks. High on the day for the fund is $63.68. I may pick some [...]
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