Monthly Archives: February 2007

monday update

SHORT TERM: stocks close lower after a positive opening Stocks opened higher this morning, but selling in the tech sector took the market lower after a few minutes into the session. Stocks continued to retreat until about 1:00, when all the … Continue reading

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monday morning

SHORT TERM: stocks open higher, but turn mixed as techs ease back Overnight the Asians markets were all higher as China’s SSEC closed over 3,000. Europe came in about 0.55% higher as well, and our stock index futures rallied into … Continue reading

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weekend update

REVIEW: markets end mixed in short trading week After a series of new highs in nearly every US stock index we follow, the market ended the week mixed. A small pullback in the cyclicals occurred, while the techs were trying to … Continue reading

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friday update

SHORT TERM: markets close slightly lower. Stocks opened lower this morning but quickly found the low for the day at around 11:00. The cyclicals retested that low at around 1:00 and then edged higher, with the techs, for the rest … Continue reading

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friday morning

SHORT TERM: stocks open lower on continued profit taking. Overnight the Asian markets were mixed. Australia’s ASX closed over 6,000 for the first time ever, Japan’s NIKK continued it rally over 18,000, but India’s BSE declined about 2%. Europe came … Continue reading

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