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Monthly Archives: March 2011
3.31.11 – Ending On A Whimper, Not A Bang
The quarter ended on a whimper with the Dow Industrials falling 30 points to close at 12,319.73. The S&P 500 Index also fell, down .18%, while the Nasdaq Composite continues to rise, up .15%. Volume continues to be light. Commodities … Continue reading
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3.30.11 – What, Me Worry?
The market put in a solid gain today on strength in the energy and telecom sectors. Stocks are on track for their best first quarter performance since 1998. The Dow Industrials tacked on another 71 points to close at 12,350.61. … Continue reading
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3.29.11 – What Do “They” Know That We Don’t?
I’ve just about scratched a hole in my head trying to figure out what sent the stock market higher today. Not that it affects the way I trade – I’m a believer in trading what I see, not what I … Continue reading
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3.28.11 – Not Much Of A Surprise
The market pulling back today, that is. Last week I blogged about how the indexes were running into resistance at key moving averages and today the Dow Industrials lost 22 points to close at 12,197.88. The S&P 500 index fell … Continue reading
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3.25.11 – The Teflon Market
This morning after the open I read a news article that described the action this week as a “teflon market.” The author’s referring to it that way is understandable – Japan is still in extremely serious shape and a nuclear … Continue reading
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3.24.11 – Time For The Rally Monkey?
You know the rally monkey…he lives on the scoreboard video screen of Anaheim’s Edison Field and appears at just the right moments, jumping up and down, inciting Angels fans everywhere to immediately go ape. Is it time for the stock … Continue reading
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3.22.11 – The Pause…Is It Refreshing?
As suggested in yesterday’s blog the stock market paused today after reaching key resistance levels. Power is being restored to the nuclear reactors in Japan, which is good, but concerns about the ongoing debt problems in Europe are troubling and … Continue reading
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3.21.11 – Nice Call, Rob!
The stock market is 3-for-3 to the upside the past three days, as suggested by my AAPTA colleague Rob Hanna’s research, which I blogged about last Wednesday. Way to go, Rob! Success in establishing a No-Fly Zone in Libya; the … Continue reading
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