Archive for December, 2007

Morning Call by Greg Secker

December 12, 2007

After pushing higher at the open the DOW sold off to the close after the interest rate decision, closing the session down 294 points, falling back to the 50 ema. The S&P closed down 38 points and the NASDAQ fell 6 points. The FTSE, writes Greg Secker, 100 is still finding some resistance at the [...]

Posted in Greg's Commentary No Comments »

Morning Call by Greg Secker

December 11, 2007

The DOW pushed higher from the open and ended the session up 101 points. The S&P added 11 points and the NASDAQ added 12 points. The FTSE, writes Greg Secker, 100 continues to build out its consolidation under the 6600 level ending the session up 10 points. Futures – DOW is called up 45 points, [...]

Posted in Greg's Commentary No Comments »

Morning Call by Greg Secker

December 10, 2007

After the recent gains, the DOW had a quiet session ending the day up 5 points as it consolidates before the next big move. The S&P closed down 2 points and the NASDAQ also closed down 2 points. The FTSE, writes Greg Secker, 100 gapped higher at the open and held on to its gains [...]

Posted in Greg's Commentary No Comments »

Morning Call by Greg Secker

December 7, 2007

The DOW ended the day at the high of the session adding 174 points, after breaking through the head line of the inverted head and shoulders, this pattern could see the index rally back to the 14,200 level. The S&P also broke out from its pattern adding 22 points. The NASDAQ added 42 points. The [...]

Posted in Greg's Commentary No Comments »

Morning Call by Greg Secker

December 5, 2007

The DOW continues to trade within it consolidation at the highs of the recent move, closing the session down 65 points. Watch for a breakout of the 13,200 to 13,400 range for the next directional move. The S&P closed down 9 points and the NASDAQ closed down 17 points. The FTSE, writes Greg Secker, 100 [...]

Posted in Greg's Commentary No Comments »

Morning Call by Greg Secker

December 4, 2007

The DOW continues to consolidate around the 13,400 level, yesterday closing down 57 points at 13314. The S&P fell 8 points, the NASDAQ closed down 23 points. The FTSE, writes Greg Secker, 100 has fallen back below the 6400 level closing on the 50 ema, ending the session down 46 points. Futures – DOW is [...]

Posted in Greg's Commentary No Comments »

Morning Call by Greg Secker

December 3, 2007

The DOW traded higher at the open and pushed on through the 13,400 level but could not hold onto the gains, as it fell back from the highs closing the session up 60 points but below the 13,400 level. Watch this level for a break or bounce this week. The S&P added 11, but after [...]

Posted in Greg's Commentary No Comments »