Archive for the 'DJIA' Category
Elliott Wave warns: ‘Bear market ahead’
Steve Hochberg believes the market is now in the process of forming a major long-term top. Here is his bearish outlook from the Elliott Wave Financial Forecast.
“Last January, we forecast that 2007 would be the year of the ‘financial flameout’. And while the financial sector is down sharply, …
Not such a Super Tuesday for the stock market
If the stock market were a film character, it would be the martini-swilling Broadway star Margo Channing (played by Bette Davis) in “All About Eve” who famously quipped: “Fasten your seat belts, it’s going to be a bumpy ride.”
“Bumpy” might be a gentle way to describe the current volatile mar…
Rohrbach’s RIX: Top-rated timer shifts to buy signal
Jim Rohrbach, a top timer for by three decades — and one who successfully side-stepped the recent decline — just issued a buy sign for the NYSE in his Investment Models.
“I am a mechanical investor. Each day my proprietary RIX indicator converts the stock market action into numbers that r…
Inverse ETFs: Hedging downside risk
For those who wish to hedge a portfolio against downside risk, Nate Pile suggests a pair of ETFs that benefit from a market decline. Here is the latest from his Nate’s Notes.
“Although I would argue that much of the potential poor news has already been factored into stock prices, one of the m…
Seasonality, cycle and sentiment indicators stay bullish
“Many analysts feel that we are in a bear market or soon will be; we disagree,” says Dan Sullivan. In his The Chartist, the advisor looks at several seasonal and sentiment indicators that remain bullish.
“The overall sentiment amongst individual investors is extremely negative, which in the u…
Market surges back dramatically, regaining losses from Tuesday
Have you been worried about whether to sell your stocks now? Freaked out about the upcoming recession all the talking heads on TV are worried about? Did Tuesday’s bill selloff confirm all your deepest fears? Several times on BloggingStocks.com we’ve famous that selling or buying based on emotion…
Market’s latest rumbling seen speeding U.S. fiscal stimulus package
As traders and investors digested the affect of the market’s latest sell-off on both assets and investor psychology, Tuesday’s jolt is likely to speed the passage of a U.S. fiscal stimulus package to boost the ailing U.S. economy, economists and analysts said Tuesday.
President Bush and U.S. …
US stocks still remain ‘best value’
“In the wake of the worst sell-off since 9/11 for most major European and Asian markets, our Fed finally stopped telling us that the building is on fire and entered the building to rescue what it can with an emergency 75 basis point rate cut,” notes Jim Lowell.
The editor of Fidelity Investor…
When will the market take its head out of the oven?
Sometimes, the market works in mysterious ways. that isn’t one of those days.
The Dow Jones industrial average plunged more than 234 points to 12,543.95 after Citigroup Inc. (NYSE: C) posted a record $10 billion loss, retail sales were weaker than expected, and oil prices declined, dragging down …
Dow 15,000 in 2008?
The Bespoke Investment Group always produces interesting charts, graphs, and details to give investors different ways to look at current trends. Clearly, given the recent volatility in the market, I was surprised to see a post entitled, “Dow 15,000″. So, I clicked.
The spread, brief but illustrat…
Unemployment hits 5%, and the Dow nosedives 256 points
Now that’s not the way to shut out the first week of the new year: for the week the Dow fell 4.3%, the Nasdaq declined 6.3% and the S&P fell 4.5.%.
Further, there are various ways to interpret the Dow’s 256-point drop to 12,800.18 Friday.
[The Nasdaq closed down 98.03 points to 2,504.6…
General Electric disappoints investors
General Electric Co. (NYSE: GE) nowadays gave disappointing financial guidance, ratcheting up pressure on CEO Jeffrey Immelt to boost its share price which hasn’t done squat that year.
The conglomerate expects earnings per share to rise “at least” 10% next year to $2.42, which Bloomberg News …
For DJIA, 3 up days and a technical hurdle cleared
True, no one on the trading floor of the New York Stock Exchange Friday yelled, “It’s a return to the ‘Roaring 90s,’ ” but given the way the U.S. economy and the stock market have gone in 2007, it’s a start.
The Dow Jones Industrial Average closed Friday up 59.98 points to 13,371.71 - - hardl…
Traders now sense Fed rate cut, subprime package
On the heels of U.S. Federal Reserve Chairman Ben Bernanke’s comments on “renewed turbulence,” many traders and investors across sectors now expect the Fed to cut key short-term interest rates when it meets on December 11, according to one currency trader.
“I won’t give you all the technical indi…
