Monthly Archives: December 2006

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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