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Stock Market Commentary

  • Stocks End Mixed As Volume Recedes
    Daily Market Commentary

    Stocks End Mixed As Volume Recedes

    Byinfo@50park.com December 7, 2009

    The stock market ended mixed on Monday after trading in a very tight range for most of the session. Volume, an important indicator of institutional sponsorship, was lower than Friday’s levels on both major exchanges which suggested large institutions were not aggressively selling stocks. Advancers led decliners by about a 10-to-9 ratio on the NYSE and were roughly even on the Nasdaq exchange. There were 29 high-ranked companies from the CANSLIM.net Leaders List that made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, less than the total of 45 issues that appeared on the prior session. Leadership among high-ranked growth stocks had dried up in recent weeks, so the expansion in new highs this week has been a welcome improvement. New 52-week highs solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.

    Read More Stocks End Mixed As Volume RecedesContinue

  • Buyers Emerge In Final Hour As Dubai Woes Ease
    Daily Market Commentary

    Buyers Emerge In Final Hour As Dubai Woes Ease

    Byinfo@50park.com November 30, 2009

    The stock market ended higher on Monday as the dollar fell. Buyers emerged in the final hour after news spread that Dubai World Is in constructive talks with its lenders.

    Read More Buyers Emerge In Final Hour As Dubai Woes EaseContinue

  • Stocks Fall As Investors Digest A Slew Of Economic Data
    Daily Market Commentary

    Stocks Fall As Investors Digest A Slew Of Economic Data

    Byinfo@50park.com November 24, 2009

    Stocks closed lower as investors digested a slew of economic data. Volume, a critical component of institutional demand, was mixed compared to Monday’s levels; higher on the Nasdaq and lower on the NYSE. The higher volume on the Nasdaq marked a distribution day for that exchange but the lower volume on the NYSE helped those indexes avoided that fate. Decliners led advancers by over a 21-to-17 ratio on the NYSE and by over a 16-to-11 ratio on the Nasdaq exchange. There were 12 high-ranked companies from the CANSLIM.net Leaders List making a new 52-week high and appearing on the CANSLIM.net BreakOuts Page, higher from the 41 issues that appeared on the prior session. In terms of new leadership, it was encouraging to see new 52-week highs outnumber new 52-week lows on the NYSE and Nasdaq exchange.

    Read More Stocks Fall As Investors Digest A Slew Of Economic DataContinue

  • Sour Economic Data Hurts Stocks
    Daily Market Commentary

    Sour Economic Data Hurts Stocks

    Byinfo@50park.com November 19, 2009

    This is Thursday November 19, 2009’s after market commentary. In-depth analysis on the market and leading stocks.

    Read More Sour Economic Data Hurts StocksContinue

  • Stocks Up; Dollar Up= Bulls Are Strong!
    Daily Market Commentary

    Stocks Up; Dollar Up= Bulls Are Strong!

    Byinfo@50park.com November 17, 2009

    The bulls flexed their muscles today and sent the major averages higher even as the US dollar rallied! Volume, a critical component of institutional demand, was lower than Monday’s levels which indicated a lack of buying from the institutional crowd. However, the fact that the major averages were down for most of the session and closed near their intra day highs helps offset that concern.

    Read More Stocks Up; Dollar Up= Bulls Are Strong!Continue

  • Gains On Lighter Volume Reveal Lackluster Buying Demand
    Daily Market Commentary

    Gains On Lighter Volume Reveal Lackluster Buying Demand

    Byinfo@50park.com November 11, 2009

    The major averages rallied on Wednesday, sending the benchmark S&P 500 Index to a fresh 2009 high on positive economic and political data. However, volume, a critical component of institutional demand, was reported lower on both major exchanges. That signaled that large institutions were not aggressively buying stocks.

    Read More Gains On Lighter Volume Reveal Lackluster Buying DemandContinue

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