current market analysis and what is going on day to day.
Today’s gains can be attributed to the news on rebound of housing starts. Housing starts jumped bout 22% from January which is very good news. The actual number may be small but the news itself is positive. Most of the Home builders stocks I have checked are up and the overall sentiment is positive.
Once almost gained 150 points, DOW ended up being red. Looks like there is not enough steam to push the stocks forward. City group and Bank of America are still in the green; both these stocks are in the most active category. There are a lot of double digit losers who made the day...
Today it is a jubilant day for Dow – After last weeks rally people kind of thought we may have a little profit taking, instead the DOW has a triple digit gain. Nasdaq is kind of hovering in the border line. City Group is up about 42% as I wrote this article,...
Four days in a row market extend the gains. All three major indexes are in Green for four days. It is tempting to get in, but I would like to watch and get a clear direction then rushing in. Looks like after a long time I can dare to log back in to my...
This is a record in recent days where the major indexes went up three days in succession. And today’s gains are significant – DOW went up 200 + points. GE is the news maker and mover of the stocks today. GE gained about 14%. Banking sector is still doing good led by...
Market kept tuesday’s gain but could not make up or find a direction. it is kind of volatile and fluctuated up and down. Banking stocs ended higer. But lost lot the gains they had initially.. Final result being Green on all three boards but not significant at all. Look at the bright side, we...
City group made the history by turning the stocks to Green (all major indexes are up) +379.44 for DOW – WoW Nasdaq went up 7% and S&P 500 about 6.4 % This wipes out all the losses from Monday and last week.. Making the March an even to little positive month. ...
Led by banking sector, stocks jumped towards the sky. Bank of America and city group jumping about 25% (they are so beaten up that 25% on city group is just few pennies. Still it is exiting to see green on all major boards. Oil jumped to $48.00 a barrel, which may kind of...
Day kind of started with an upward trend and could not sustain the momentum. Market is pointing only one direction that is south. There is news – see south There is no news – see south Investors are not confident – sentiment is still week. We need some kind of...
A very rough week for any one in the market ended with a net loss about 300 points and ended with a green color. (Not green for the week) It is kind of good sign so people can be hopping for a better Monday. Job loss increasing (Unemployment rate is at 25 year...