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GLW Chart Discussion

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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Filed Under Investing and Stock Market News and Stock Market Recaps and Stock Picks and Stock Talk | 1 comment
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USO Moves 5%, Oil Stocks head North

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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Filed Under Technical Analysis | 2 comments!
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Daily market commentary for Tuesday, January 30th, 2007

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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Daily Commentary for Monday, January 29, 2007

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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NXXI Chart Discussion

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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Daily Commentary for Friday, January 26th, 2007

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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Ebay Chart Discussion

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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