Posts Tagged ‘NASDAQ’

Dow Industrials, Transports, S&P Close Below Key Moving Averages

Monday, June 22, 2009 15:06 No Comments

Last week, we mentioned that technical indicators began to turn negative. Technical damage continued today as the Dow Jones Industrial Average, Dow Jones Transportation Average, and  S&P 500 closed below their pivotal 50 and 200 day moving averages (first time since March), with all 3 averages registering an RSI sell signal.  NASDAQ bucks the trend [...]

This was posted under category: DXD, Dow Jones Industrial Average, Dow Transports, NASDAQ, S&P 500 Index, TWM Tags: , , , , , , , , , , , , , , , ,

Futures Point to Another Decline; Is it really because of GM?

Monday, March 30, 2009 7:22 1 Comment

Stock futures are down sharply this morning ahead of the open. The DJIA is down 170 points while the NASDAQ is off 21 points. The mainstream media sources are attributing todays selloff to a comment made from the Obama administration that suggests a GM bankruptcy is a possibility. Is that really the reason for the [...]

This was posted under category: Special Reports, Stock Market Tags: , , , , , , , , , , , ,
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