Monthly Archives: July 2010

7.30.10 – Going Nowhere Fast

The stock market pretty much made a complete circle today, trading higher, lower, and closing almost exactly where it started from.  The Dow Industrials fell a grand total of 1 – Count ‘Em! – 1 point to close at 10,465.94.  … Continue reading

Posted in Uncategorized | Leave a comment

7.29.10 – Uptown, Downtown

The stock market meandered today, falling right at the open then rising into positive territory after lunch, and closing in the red at the end of the day.  The Dow Industrials slipped 30 points to close at 10,467.16 on higher … Continue reading

Posted in Uncategorized | Leave a comment

7.28.10 – The Disorderly Orderly

Thank you, Jerome Littlefield.  Only it wasn’t disorderly today – the stock market pulled back in an orderly fashion, with the Dow Industrials losing 39 points to close at 10,497.88 on declining volume.  The S&P 500 Index fell .69% and … Continue reading

Posted in Uncategorized | Leave a comment

7.27.10 – The Pause…That Refreshens?

The stock market stalled out today as all major indexes formed Narrow Range 7 (NR7) days.  A NR7 day is where today’s range is the narrowest it’s been in the last seven days.  Yesterday was also a NR7 day for … Continue reading

Posted in Uncategorized | Leave a comment

7.26.10 – Once More Into The Breach

New home sales were reported surprisingly strong, which sent the Dow Industrials 100 points higher today to close at 10,525.43 and putting the index well above its 200-day SMA.  The S&P 500 Index gained 1.12% and the Nasdaq Composite rose … Continue reading

Posted in Uncategorized | Leave a comment

7.23.10 – Two Out Of Three

Equities added to yesterday’s advance with a nice follow-through today.  The Dow Industrials added 102 points to close at 10,424.62.  The S&P 500 Index rose .82% while the Nasdaq gained 1.05%.  Treasuries retreated and the U.S. Dollar dropped.  Crude oil … Continue reading

Posted in Uncategorized | Leave a comment

7.22.10 – One Down, One To Go

The stock market shrugged off bad employment numbers this morning and instead reacted positively to strong earnings reports from Caterpillar, UPS, 3M, and AT&T.  The Dow gained 201 points to close at 10,322.30 while the S&P 500 Index gained 2.25% … Continue reading

Posted in Uncategorized | Leave a comment

7.21.10 – We’re The Hekawi

After drifting a bit higher to bang up against resistance once again, the major indexes tumbled after Fed Chairman Ben Bernanke acknowledged the economy remains “unusually uncertain.”    The Dow Industrials dropped 109 points to close at 10,120.53.   The S&P … Continue reading

Posted in Uncategorized | Leave a comment

7.20.10 – No Blog Today

See you on Wednesday!

Posted in Uncategorized | Leave a comment

7/19/10 – Not Much To Talk About

The stock market was relatively quiet today after being drop-kicked last Friday.  The Dow Industrials gained 56 points to close at 10,154.43 on quieter volume.  The S&P 500 Index rose .60% and the Nasdaq Composite added .88%.  Potentially important, none … Continue reading

Posted in Uncategorized | Leave a comment