January 23, 2007 -
Written By: Teresa Appleton Stock Forum ID: Teresa
Tuesday left us in an inside day narrow range days on each of the broader markets. The Nas 100 closed red, while the Nasdaq Composite, S&P 500 and Dow all closed green. The inside day shows a lot of indecision in the market. Higher volume [...]
January 23, 2007 -
Written By: Teresa Appleton Stock Forum ID: Teresa
Monday started the week off with the bears. Volume came in lower so this sell off was on low volume. Now we have to decide if Texas Instrument (TXN), which rallied in the after hours can put the plug in the tech leak. The Nasdaq [...]
January 22, 2007 -
The technical facts are now in place, and Research in Motion (RIMM) is officially off the team of potential buyers short term. Check out the gap highlighted by the green box, this gap down day was the nail in the books as the stock closed under all moving averages listed (10 20 and 50 DMAs). [...]
January 22, 2007 -
Today I put forth a more interesting question as the market continues to test its own moving averages and support areas; has the technology sector seen its last light? After breaking out not even a few weeks ago, a good majority of the leaders have all come down to test moving averages. Today, I have [...]
January 19, 2007 -
With Technology under so much pressure, and earnings season well under way, the path ahead looks pretty unclear. Companies such as Intel (INTC) and Apple (AAPL) have blown out earnings, but guidance moving ahead has shun investors away.
Taking a look as the NASDAQ here, you can see how the breakout of last week failed as [...]
January 18, 2007 -
Written By: Teresa Appleton Stock Forum ID: Teresa
Thursday ended the day in the red, but the story of the day is the “thumpin†the Nasdaq took. Tech ran straight into red territory and stayed there all day, pushing the Nasdaq lower throughout the day. As we talked about earlier in the week the INTC and [...]
January 17, 2007 -
Written By: Teresa Appleton Stock Forum ID: Teresa
Wednesday left the markets red across the board on higher volume, leaving distribution days. That makes for the second consecutive distribution day on the Nasdaq and first for the NYSE.  Intel provided the weak link in tech land and pushed the Nasdaq lower, banks and brokers tried to [...]
January 17, 2007 -
I first posted on the United States Oil Fund (USO) yesterday pointing out possible opportunity if the channel could be broken. Well, after today’s close on heavy volume concluding to the upside after trading down below $43, I am calling USO as a favorable odds buy. What I like about the last 3 days activity [...]
