Monthly Archives: December 2006

weekend update

HAPPY NEW YEAR! Year in Review: For the year, the cyclical DOW (+16.3%) and the SPX (+13.6%), outperformed the growth NAZ (+9.5%) and the NDX (+6.8%) for the first time since the bull market began. You will probably read in … Continue reading

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friday update

SHORT TERM: stocks mostly lower in light trading. The market opened mixed this morning as the light volume continued in this holiday week. Within the first few minutes, the DOW made a marginal new high, as most of the indices … Continue reading

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China’s SSEC

And we thought we have a bull market! In April of this year, with Shanghai’s SEC trading around 1300, I wrote a Special Report; "China’s new Bull Market". You can find that report, and a followup I made a few … Continue reading

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friday morning

HAPPY NEW YEAR! Short term: stocks open quietly, but the growth sector rallies on Apple’s positive news. In honor of the passing of President Ford, the government and all exchanges will be closed tuesday, Jan 2nd. As a result we have … Continue reading

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thursday update

SHORT TERM: market spends the day consolidating recent gains. Stocks gapped down at the open today, but soon recovered to post new all time highs in the DOW and NYA. After the early selling subsided at noon, the market rallied to turn … Continue reading

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thursday morning

SHORT TERM: stocks gap down at the open after yesterdays run up. Overnight the Asian markets were marginally higher, only India’s BSE showed a slight loss. Europe came in about flat, as none of the foreign markets followed through with our rally yesterday. … Continue reading

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wednesday update

SHORT TERM: another good rally on light volume. As I watched the DOW cross 12,500 today, to an all time new high. It reminded me of the "Special Report: DOW 13,000," I wrote earlier in the year. Now that the … Continue reading

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wednesday morning

SHORT TERM: stocks gap up on overseas upward momentum. Overnight the Asian markets were all higher, and the European markets were about 1% higher, as many returned from their holiday weekend. Our stock index futures, were quite a bit higher early this morning, … Continue reading

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tuesday update

SHORT TERM: stocks rally early and rally late. The holiday week got off to a good start as stocks opened mixed this morning, but quickly rallied. The rally lasted all but one half hour, but that was enough to keep … Continue reading

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tuesday morning

SHORT TERM: nice rally to start off the holiday week. Over the past two days most of the foreign markets were closed, and Europe is closed today. Japan’s NIK ended net higher, and China’s SEC exploded upward 5.8% on rumors … Continue reading

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