Archive for November, 2006

Daily market commentary for Wednesday, Nov 22nd, 2006

November 21, 2006

Written By: Teresa Appleton Stock Forum ID: Teresa
Tuesday closed the day with narrow range green day on mixed volume.  The NYSE was higher than yesterday while the Nasdaq was slightly lower.  Over all it was light and the normal for pre holiday action. 
 
Crude closed up $1.37 at $60.17 on the day.  Supply pressures prompted the [...]

Dell Posts Earnings. Stock Up 8% After Hours

November 21, 2006

Shares of Dell Computers (DELL) have soared after hours as the stock reported delayed earnings that beat wall street’s estimates. The stock closed today $24.82, and real time after hours is at a last tick of $26.80. Look for a very strong open from Dell tomorrow!

NYX Breaks Past $100

November 21, 2006

Yup, real time not even 30 seconds ago NYSE Group (NYX) broke past $100 a share for the first time ever. The stock is up already nearly 5% on the day, and volume is just over 3.2 million. After running to just over $96 NYX bounced off $90 support, and hasn’t looked back towards $90 [...]

Stock Watch Apple Breaks to New Highs

November 21, 2006

Keep an eye on Apple (AAPL) today, the stock is up hitting new intra-day highs real time as we speak. Last tick is 87.78, putting the stock up over 1 point or 1.5% on the day. Volume currently is at about 5.5 million, and for this run up to be proven strong we need to [...]

GROW up another 8%

November 21, 2006

Can this stock be stopped? Shares of U S Global Investors (GROW) are up trading over $51 a share right now real time, with a last tick of $51.43. The stock is up over 8%, or 4 points from yesterday’s close! After mentioning GROW yesterday, I suggest keeping an eye on this one today.

Keep an Eye on ETN

November 21, 2006

Make sure to keep a close eye on shares of Eaton Corp (ETN) today as the stock yesterday closed above $76 resistance on very high volume. I might consider a few here with stop loss around $75. Next major resistance is at $80.

Google Breaks $500!!!

November 21, 2006

Real time not even 30 seconds ago shares of Google (GOOG) just broke through $500 a share! The stock over the last 2.3 minutes has surged from $497 all the way above $502! Volume is just about 1.1 million. Go Google!

Daily comments for Tuesday, November 21st

November 20, 2006

Written By: Teresa Appleton Stock Forum ID: Teresa
Monday started the weak off as we thought it might.  Mixed performance in the broader indexes on lighter volume.  After a test of Friday’s highs we drifted lower and then back up.  Pretty much a zig zag day on light volume.  Nasdaq 100 and Nas Composite were green [...]