Archive for June, 2007

Morning Call by Greg Secker

June 29, 2007

The DOW finished the session in a highly volatile fashion after the interest rates was left the same, closing the day down 5 points. The S&P closed flat and the NASDAQ closed up 3 points. The FTSE, writes Greg Secker, 100 gapped higher at the open and traded sideways for the rest of the session [...]

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Morning Call by Greg Secker

June 28, 2007

The DOW traded lower at the open yesterday but found support at the 13250 level where it bounced and ended the day up 90 points. The S&P added 13 points and the NASDAQ added 31 points. The FTSE, writes Greg Secker, gapped lower at the open but found some support at 6500 where it bounced [...]

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Morning Call by Greg Secker

June 27, 2007

The DOW again traded higher during the session but fell to the close to close the day down 14 points and leaving us with another high test bar. The S&P was similar closing the day down 4 points and the NASDAQ closed down 3 points. The FTSE, writes Greg Secker, 100 gapped down at the [...]

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Morning Call by Greg Secker

June 26, 2007

The DOW rallied higher during the session but could not hold on to the gains and fell hard to the closed to finish the day down 8 points, leaving us with a bearish high test reversal bar. The S&P had a similar day closing down 4 points and the NASDAQ down 11 points. FTSE 100 [...]

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Morning Call by Greg Secker

June 26, 2007

The DOW rallied higher during the session but could not hold on to the gains and fell hard to the closed to finish the day down 8 points, leaving us with a bearish high test reversal bar. The S&P had a similar day closing down 4 points and the NASDAQ down 11 points. FTSE 100 [...]

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Morning Call by Greg Secker

June 22, 2007

The DOW traded lower at the open but found some support at the 13400 level and rallied to the close to finish the day up 56 points. The daily chart of the DOW is forming an ascending triangle, watch for a breakout of this pattern for indication of market direction. The S&P and NASDAQ both [...]

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Morning Call by Greg Secker

June 21, 2007

The DOW failed to break through the 13700 level yesterday and ended the day falling 146 points. The S&P and NASDAQ both failed to break out to new highs and fell to the close, S&P lost 20 points and the NASDAQ lost 26 points. The FTSE, writes Greg Secker, 100 gapped higher at the open [...]

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Morning Call by Greg Secker

June 19, 2007

All US indices traded sideways for the session as they continue to build out their consolidations at the highs. DOW closed down 26, S&P down 1 and NASDAQ closed level. FTSE 100 gapped higher at the open but fell back during the session to close down 29 points. Futures – DOW is called down 5 [...]

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Morning Call by Greg Secker

June 18, 2007

The DOW opened the session with a strong push up to the 13700 resistance level where it consolidated for the rest of the session ending the day up 85 points at 13639. The S&P pushed higher at the open and ran into some resistance near to the 1540 level closing the day up 10 points. [...]

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Morning Call by Greg Secker

June 15, 2007

The DOW had another strong day adding 71 points. The S&P added 7 points and the NASDAQ added 17. The FTSE, writes Greg Secker, 100 gapped higher at the open and continued higher through out the day to close up 90 points. The FTSE, writes Greg Secker, 250 also gapped higher at the open and [...]

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