You know we’re in a brutal bear market when the Dow closes down –500 points, and its not headline news. Just another day in this market. Volume was relatively low today, until very late in the day when some heavy buying pushed the market a little higher, but there wasn’t enough buying to make […]
The major indexes gave back much of yesterdays gains with equal or greater. Volume was slightly higher in the NASDAQ, which closed down over –4%, and counts as a distribution day.
This rally will need leaders if its going to last. The only sector that has shown some potential is the medical sector. Last weeks trigger, […]
Nice gains in the indexes today, but on low volume, which suggests some lack in conviction. The market seemed to respond well to news of another Government stimulus package, discussed by Bernanke today.
One stock that has been doing very well is ESB, which I posted as a buy here last week. Since then, the stock […]
