Archive for January, 2008

Morning Call by Greg Secker

January 31, 2008

The DOW traded sideways waiting for the interest rate decision, after which it rallied up through the 12500 level but fell back to close the session down 37 points. The S&P closed down 6 points and the NASDAQ fell 9 points. The FTSE, writes Greg Secker, 100 fell at the open and traded the rest [...]

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Morning Call by Greg Secker

January 30, 2008

The DOW pushed higher during the session but ran into the 12500 level which has been a major line of support and resistance over the last 12 months, ending the day up 96 points. The S&P added 8 points and the NASDAQ added 8 points. The FTSE, writes Greg Secker, 100 opened higher and held [...]

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January 29, 2008

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Morning Call by Greg Secker

January 29, 2008

The DOW fell at the open but rallied during the session on hopes of further interest rate cuts on Wednesday, ending the session up 176 points. The S&P added 23 points and the NASDAQ closed up 23 points. The FTSE, writes Greg Secker, 100 gapped lower at the open and traded lower for most of [...]

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Morning Call by Greg Secker

January 28, 2008

The DOW gapped higher at the open but soon turned to end the session down 171 points. The S&P fell 21 points and the NASDAQ closed down 34 points. The FTSE, writes Greg Secker, 100 gapped higher at the open but turned in the afternoon to close the gap and end the session down 6 [...]

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Morning Call by Greg Secker

January 25, 2008

The DOW continues on with its recovery from the lows ending the session up 108 points. The S&P and NASDAQ also continued its move higher finishing the day up 13 points for the S&P and 14 points for the NASDAQ. The FTSE, writes Greg Secker, 100 put in ones of its biggest up days for [...]

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Morning Call by Greg Secker

January 24, 2008

The DOW fell at the open down to the 11645 lows of the previous day before a later rally lifted the market by 600 points, closing the session up 299 points. The S&P ended up 28 points and the NASDAQ finished up 24 points. The FTSE, writes Greg Secker, 100 gapped higher at the open [...]

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Morning Call by Greg Secker

January 22, 2008

The US markets was shut on Monday. The FTSE, writes Greg Secker, 100 had its biggest fall in one day since 9/11 ending the session down 323 points, next level to watch for an area of possible support could be the 38.2% fib level at 5460. Overnight the Asian markets continued the global sell off [...]

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Morning Call by Greg Secker

January 21, 2008

The DOW gapped higher at the open on Friday but quickly turned falling down near to the 12,000 level, ending the session down 60 points. The S&P and NASDAQ both turned during the session to end the day down 8 points for the S&P and down 6 points for the NASDAQ. The FTSE, writes Greg [...]

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Morning Call by Greg Secker

January 18, 2008

The DOW fell at the open and traded lower during the session ending the day down 306 points and on a long term trend line which could provide some support. The S&P closed down 40 points and the NASDAQ ended the session down 47 points. The FTSE, writes Greg Secker, 100 gapped higher at the [...]

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