Let’s see… what happened today… well the Dow broke below January lows shedding nearly 360 points, Research in Motion (RIMM) missed earnings guidance and tanked 13%, GM shares plunged to a 53 year low, and Oil closed at a record high $139.64.
The highlight of my day? Over at Yahoo Finance the 2nd featured article [...]

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Today’s close was a disaster. Going into the day, we outlined a trading strategy to buy strength, sell into key resistance levels and then wait for the market to determine where we go from here. Following this strategy worked wonders as you could have realized quick profits in the first hour of trading [...]

Filed Under Sean Hannon and Stock Market Recaps | 7 comments!
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By looking at the straight numbers today was a great day. The NASDAQ Composite finished at 2,673.65 up 3.46%, the Dow Jones closed at 13,307.09 up 2.46%, and the S&P 500 finished at 1,481.05 up 2.91%. This is the biggest single day move for the market in nearly eight weeks.
The problem lies though in the [...]

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The market continued its woes today with the NASDAQ Composite finishing the day down 1.67% to 2,584.13, the Dow Jones finishing down 0.42% to 12,987.55, and the S&P 500 closing down 1% even to 1,439.18.
The big loser on the day was E-trade Financial (ETFC) which finished the day down a staggering 58% as the stock [...]

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Earlier today the market as a whole was bleeding substantially lead by the Technology sector. The NASDAQ was down over 3% during the day but in the last hour all major indices rallied to take back some of the losses.
The DOW finished down .25% to 13,266.29, the S&P 500 finished down only .06% to 1,474.77, [...]

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Nothing could stop the sell off that ensued today driving the market down to substantial losses across the board. The market opened to the downside and never looked back, with the last hour yielding the largest losses of the day.
All three major indices were sold heavily. The NASDAQ Composite finished at 2,748.76 down 2.7% on [...]

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Tuesday closed with another narrow range day, but our volume increased to give us an accumulation day on the Nasdaq. The Nasdaq and Dow closed green, but the S&P 500 struggled and slid into red due to weakness in the banks, brokers and healthcare, leaving a distribution day. Crude fell on the day [...]

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