Posted on January 30, 2007 at 9:18 pm
I like this setup that Corning Inc (GLW) is putting together. The stock isn’t in the hottest of industry’s right now, but the technicals look nice for a short term play. After trading over 65 million shares just last week and surging to nearly $21, the stock has started to fall back naturally on lower [...]
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Posted on January 30, 2007 at 4:33 pm
The original bullishness in the United States Oil Fund (USO) has paid off, and after bottoming out around $43, the fund has moved strongly to the upside. USO was up some 5.3% today after oil overall had a nice afternoon. Shares of Exxon Mobil (XOM) were up close about 1.5%, and the Oil Tracking Fund [...]
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Posted on January 29, 2007 at 11:43 pm
Written By: Teresa Appleton Stock Forum ID: Teresa
Monday brought a mixed day ahead of the two day FOMC meeting. The Nas 100, Nasdaq Composite along with the Dow closed green. The S&P 500 slipped into red territory at the end of the day. The NYSE left a little higher volume than Friday for a distribution [...]
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Posted on January 27, 2007 at 11:05 pm
Written By: Teresa Appleton Stock Forum ID: Teresa
Friday left us with a mixed day on lower volume. The Nasdaq Composite eked out a green day, while the Nas 100, S&P 500 and the Dow all closed slightly red. This marked the second consecutive down week on the Nas 100 and composite and the [...]
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Posted on January 27, 2007 at 2:25 am
Some of you may or may not know of a small Biotech Company called Nutrition 21 (NXXI), and if you have not this is a good time to take a look at them. The stock itself shot up this week with news that its leading drug has backing evidence to slow HIV.
For the technicals readers, [...]
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Posted on January 26, 2007 at 12:18 am
Written By: Teresa Appleton Stock Forum ID: Teresa
Thursday took back what Wednesday gave us plus some! Higher volume on the NYSE leaving a distribution day and the Nasdaq slightly lower leaving a low volume fall. VERY slightly lower keep in mind. Red across the board and keeping us right in range. [...]
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Posted on January 25, 2007 at 11:17 am
After Ebay (EBAY) reported earnings today worth making the street cheer, the stock shot up, and currently is up some 11%. The stock has traded as high as $33.80 today before settling down in around $33. I post the chart though to note the nice cup and handle formation the stock is setting up. Also [...]
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