Stock Market Summary Friday 28th December 2012

Posted by Stephen Sutherland on Fri, Dec 28, 2012 @ 10:57 AM

Yesterday's market action was positive.

The Nasdaq fell 0.14% on below average volume (Point A).

As we mentioned yesterday, trading levels are always thin this time of year due to the holiday season.

Even though the US technology index ended up in the red, it was down as much as 1.3% during yesterday's session. To close out the day with a miniscule loss is...

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Stock Market Summary Thursday 27th December 2012

Posted by Stephen Sutherland on Thu, Dec 27, 2012 @ 01:14 PM

Yesterday's market action was neutral.

The Nasdaq fell 0.74% on below average volume (Point A). Trading levels were tame due to the holiday season.

The drop pushed the US technology index back below the 3000 level however for now it is sitting on its 50 day moving average and its 200 day moving average which should...

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Stock Market Summary Tuesday 25th December 2012

Posted by Stephen Sutherland on Tue, Dec 25, 2012 @ 11:07 AM

Yesterday's market action was neutral.

The Nasdaq fell 0.28% on below average volume (Point A).

Volume was extremely tame due to Monday being a half day session.

The good news is that...

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Stock Market Summary Saturday 22nd December 2012

Posted by Stephen Sutherland on Sat, Dec 22, 2012 @ 11:52 AM

Yesterday's market action was neutral.

The Nasdaq fell 0.96% on furious volume (Point A). This action normally indicates heavy institutional selling. However yesterday was the third Friday in the month which is options expiration day and on these 'third Fridays', volume levels are...

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Stock Market Summary Friday 21st December 2012

Posted by Stephen Sutherland on Fri, Dec 21, 2012 @ 10:37 AM

Yesterday's market action was positive.

The Nasdaq edged up 0.20% on below average volume (Point A). This activity normally indicates lack of demand from institutional investors however...

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Stock Market Summary Thursday 20th December 2012

Posted by Stephen Sutherland on Thu, Dec 20, 2012 @ 12:12 PM

Yesterday's market action was positive.

The Nasdaq fell 0.33% on above average volume (Point A). This activity indicates institutional selling however with...

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Stock Market Summary Wednesday 19th December 2012

Posted by Stephen Sutherland on Wed, Dec 19, 2012 @ 10:59 AM

Yesterday's market action was positive.

The Nasdaq gained 1.46% on above average volume (Point A).

This activity indicates institutional buying which is...

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Stock Market Summary Tuesday 18th December 2012

Posted by Stephen Sutherland on Tue, Dec 18, 2012 @ 11:12 AM

Yesterday's market action was positive.

The Nasdaq gained 1.32% on above average volume (Point A).

This behavior indicates...

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Stock Market Summary Saturday 15th December 2012

Posted by Stephen Sutherland on Sat, Dec 15, 2012 @ 11:45 AM

Yesterday's market action was neutral.

The Nasdaq dropped 0.70% on above average volume (Point A). This is the second day in a row of unhealthy behavior. Institutional selling...

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Stock Market Summary Friday 14th December 2012

Posted by Stephen Sutherland on Fri, Dec 14, 2012 @ 10:02 AM

Yesterday's market action was neutral.

The Nasdaq dropped 0.72% on above average volume (Point A). This is unhealthy behavior which...

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