Archive for June, 2008

Morning Call by Greg Secker

June 30, 2008

The DOW fell at the open but put is a small rally at the end of the session to close the day down 106 points. The S&P closed down 4 points and the NASDAQ lost 5 points. The FTSE, writes Greg Secker, 100 fell at the open but recovered during the session to end the [...]

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Morning Call by Greg Secker

June 25, 2008

The DOW fell at the open after a report showed that US consumer sentiment sunk to its lowest in 16 years in June, but the index found some support at 11720 which is previous lows where it bounced back up but still closed the session down 35 points. The S&P closed down 3 points and [...]

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Morning Call by Greg Secker

June 24, 2008

The DOW had a sideways trading session yesterday ending the day flat. The S&P closed flat and the tech heavy NASDAQ closed down 20 points. The FTSE100 pushed higher helped by higher oil prices lifting the commodity stocks ending the session up 46 points. Futures – DOW is called up 20 points, FTSE is called [...]

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Morning Call by Knowledge to Action

June 23, 2008

The DOW broke to the downside of the consolidation on Friday as investors turned cautious on equities due to concerns about the outlook for U.S. banks and the impact of higher oil prices on consumers spending and inflation. The DOW ended the session down 220 points. The S&P fell 24 points and the NASDAQ lost [...]

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Morning Call by Greg Secker

June 20, 2008

The DOW closed the day off session highs, UP 34 points and within the bearish consolidation pattern. Watch for a breakout of this consolidation for the next move. The S&P added 5 points, the NASDAQ gained 32 points. The FTSE, writes Greg Secker, 100 pushed higher in the morning following higher than expected retail sales [...]

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Morning Call by Greg Secker

June 19, 2008

The DOW broke down through the 12075 level and traded down to the big number 12000 where is found some support to end the session down 131 points. The S&P closed down 13 points, the NASDAQ finished the day down 28 points. The FTSE, writes Greg Secker, 100 closed near session lows down 105 points, [...]

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Morning Call by Greg Secker

June 18, 2008

The DOW pushed higher at the open but ran into resistance at the declining trend line causing the index to drop and close the session down 108 points, watch the previous lows at 12075 for continuation of the current down trend. The S&P close down 9 points and triggering a power play, the NASDAQ gapped [...]

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Morning Call by Knowledge to Action

June 17, 2008

The DOW had a sideways trading session yesterday ending the day down 38 points. The S&P closed flat and the NASDAQ gained 20 points. The FTSE, writes Greg Secker, 100 ended the day down 8 points as it finds some resistance off the trend line. Futures – DOW is called flat, FTSE is called up [...]

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Morning Call by Greg Secker

June 16, 2008

The DOW rallied at the open on Friday ending the session up 165 points. The S&P added 20 points and the NASDAQ closed up 50 points. The FTSE, writes Greg Secker, 100 fell in the morning session where it rallied of the 5720 level to end the session up 12 points with a bullish low [...]

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Morning Call by Knowledge to Action

June 13, 2008

The DOW rallied 190 points at the open but could not hold on to the gains and fell all the way back to the opening price before putting in a small bounce to close the day up 57 points. The S&P closed up 4 points and the NASDAQ added 10 points. The FTSE, writes Greg [...]

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