Sunday, April 6, 2008

Another Digestive Day

Thursday brought a little green back to the market, another narrow range day. Volume fell off today on the NYSE and Nasdaq, but not a huge difference from yesterday, just slightly lower. We expect to see volume contracting on narrow range days, with the jobs data due tomorrow, we will see this unwind soon. Gold closed the day up $9.80 at $905.00 an ounce and oil down 84 cents to $103.99. Not a lot changed technically in the market, we still have the Nas 100 and Nas composite both sitting right into 38.2%, but the S&P 500 and Dow both sit just over.[...]

Read More...

[Source: The Money Blogs]

No comments:

Post a Comment