A Few Thoughts Before the Open: As we prepare to start this Tuesday following the Labor Day holiday we find that world stock markets were under pressure Monday while we in the U.S. had the day off. Both Asian and…
Tag Archive for IUX
Market Commentary – August 16th, 2011
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A Few Thoughts Before the Open: As I write this, pre-market futures are sharply lower in the U.S. due to news form Europe that economic growth is slowing on that side of the Atlantic. Not sure where the futures will…
Market Commentary – August 15th, 2011
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A Few Thoughts After the Close: The overall market moved sharply higher yesterday in a relatively broad based move that saw basically every sector index I track move higher on the day. The strongest sectors were the N.A. Telecom, Banking, …
Market Commentary – August 8th, 2011
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A Few Thoughts After the Close: The overall market sold off sharply today with a major portion of the sell off coming in the last 45 minutes of the day. For the day, the Dow Jones Industrial Average was lower…
Market Commentary – July 18th, 2011
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A Few Thoughts Before the Open: The Dow Jones Industrial Average closed Friday at 12,479.73 Despite Friday’s move higher, the chart continues to show weakness. I think it is possible we could see it test its 40 day moving average, …
Market Commentary – July 15th, 2011
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A Couple of Thoughts Ahead of the Open: Today is options expiration day. Our charting service has been down for the last 2 days and just came up. So a quick look at the various sector indices before the open.…