Market Commentary for Thursday, March 29, 2007

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Wednesday brought the sellers out to drop the market throughout the day. Chairman Bernanke did not have his bullish impact today! It was what he didn’t say that scared the market, he did not elude to cuts or increases. He is watching the growth and what he said to be slowing inflation. The tension out […]

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Market commentary for Wednesday, March 28, 2007

Tuesday brought another narrow range slow day. Red across the board, but overall very quiet day. The market is a little skittish ahead of Fed Chairman Bernanke on Wednesday. The speech is before Congress and may clarify where he stands with rate changes in the near term. Oil closed up 63 cents to close at […]

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Market commentary for Tuesday, March 27, 2007

Monday brought the early pullback and drop on the markets from the frightful housing data, the afternoon brought around full correct. The Nasdaq along with the S&P 500 closed green and held the 50dma. The Dow and the Russell 2000 ended the day slightly red with the Dow just under the 50dma. Volume increased slightly […]

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Market Commentary for Monday, March 26, 2007

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Friday ended with split markets. The Nasdaq 100 and the Nasdaq Composite closed red, while the S&P 500 and Dow were green. Very narrow range congestion day, which was like Thursday’s action and left us bored but wound very tightly. Volume has fallen off and back below the 50 day average on the NYSE and […]

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Market Commentary for Friday, March 23, 2007

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Thursday left a narrow range digestive day. A friend of mine said he felt luke warm today. I think that is an adequate description for the action we saw today. Volume fell off today, which is very normal after FOMC meetings and for digestive days. Crude rallied $2.08 on the day to close at $61.69. […]

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Jim Cramer’s Video Gets Pulled Off YouTube

Yup, you heard it here first, Jim Cramer’s interview video has been pulled off the air, or well, youtube for that matter. If you were lucky enough to watch it, it basically was Jim Cramer talking about how he used to manipulate the markets to make money. It was quite an interesting video actually, and […]

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Stock Market Hours

The Stock Market day is actually somewhat misinterpreted when it comes to what people believe as the norm for trading. Though most people think that the market opens at 9:30 AM and closes at 4:00 PM, there is also pre-market and after-market hours. The Pre-Market hours are from 8:00 AM until 9:30 AM EDT, and […]

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Market Commentary for Wednesday, March 21, 2007

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Tuesday another green day for the markets, the end of day action managed to push volume just over yesterdays for an accumulation day. The weakness and drop in the Semiconductor sector yesterday was regained today led by SNDK, MRVL,KLAC and ALTR. As the market crept along again today Chairman Bernanke’s presence was felt by the […]

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