Daily market commentary for Thursday, February 1, 2007

Posted by Teresa
January 31, 2007 at 11:36 pm

Written By: Teresa Appleton Stock Forum ID: Teresa
Wednesday the market rallied off the FOMC announcement after spending the morning wound tightly. Volume increased with the announcement to support the rise in price to leave accumulation days.

Crude rallied again today to close up $1.17 at $58.14 on the day. Inventories were actually higher […]

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NYX Earnings Could Impress

Posted by Blain Reinkensmeyer
January 31, 2007 at 7:37 pm

I think NYSE Group (NYX) has a very good shot at impressing the street with earnings. The stock struggled in late December but held up thanks to its 50 DMA, or daily moving average. Now the stock sits once again at its 50 DMA, and with earnings due out Friday morning, fireworks could be around […]

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